<ARTICLE> 5
<LEGEND>
Ford Credit's Condensed Consolidated Balance Sheet is unclassified.  Therefore,
the following tags listed below are not applicable to Ford Credit:  Current
Assets and Current Liabilities.  Information relating to earnings per share is
not presented because Ford Credit is an indirect wholly owned subsidiary of Ford
Motor Company.
</LEGEND>
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               JUN-30-1998
<CASH>                                           1,195
<SECURITIES>                                     1,324
<RECEIVABLES>                                   84,836
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                 128,219
<CURRENT-LIABILITIES>                                0
<BONDS>                                        106,906
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            25
<OTHER-SE>                                      10,388
<TOTAL-LIABILITY-AND-EQUITY>                   128,219
<SALES>                                              0
<TOTAL-REVENUES>                                 9,409
<CGS>                                                0
<TOTAL-COSTS>                                    8,417
<OTHER-EXPENSES>                                 4,523
<LOSS-PROVISION>                                   592
<INTEREST-EXPENSE>                               3,302
<INCOME-PRETAX>                                    993
<INCOME-TAX>                                       391
<INCOME-CONTINUING>                                578
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       578
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0