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                                                                     EXHIBIT 15



Ford Motor Credit Company
The American Road
Dearborn, Michigan

Re:  Ford Motor Credit Company Registration Statement Nos. 333-50611,
     333-45015 and 333-41059 on Form S-3


     We are aware that our report dated October 13, 1998 accompanying the 
unaudited interim financial information of Ford Motor Credit Company and 
subsidiaries for the periods ended September 30, 1998 and 1997 and included 
in the Ford Motor Credit Company Quarterly Report on Form 10-Q for the 
quarter ended September 30, 1998 will be incorporated by reference in the
above Registration Statements.  Pursuant to Rule 436(c) under the Securities
Act of 1933, this report should not be considered a part of the Registration 
Statements prepared or certified by us within the meaning of Sections 7 
and 11 of the Act.

/s/ PricewaterhouseCoopers LLP



Detroit, Michigan
October 16, 1998