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                                                                      EXHIBIT 23


                          CONSENT OF COOPERS & LYBRAND



WE CONSENT TO THE INCORPORATION BY REFERENCE IN (A) FORD MOTOR CREDIT COMPANY'S
REGISTRATION STATEMENT ON FORM S-8 (NO. 33-30875) RELATING TO THE FORD MONEY
MARKET ACCOUNT PROGRAM AND (B) FORD MOTOR CREDIT COMPANY'S REGISTRATION
STATEMENTS ON FORM S-3 (NO. 32-24928, NO. 33-51075 AND NO. 33-50295) OF OUR
REPORT DATED FEBRUARY 1, 1994 ON OUR AUDITS OF THE CONSOLIDATED FINANCIAL
STATEMENTS AND FINANCIAL STATEMENT SCHEDULE OF FORD MOTOR CREDIT COMPANY AND 
SUBSIDIARIES AT DECEMBER 31, 1993 AND 1992 AND FOR EACH OF THE THREE YEARS IN 
THE PERIOD ENDED DECEMBER 31, 1993 INCLUDED IN THE FORD MOTOR CREDIT COMPANY 
ANNUAL REPORT ON FORM 10-K.



COOPERS & LYBRAND

DETROIT, MICHIGAN
MARCH 25, 1994