XEROX CREDIT CORP
424B3, 1995-01-06
SHORT-TERM BUSINESS CREDIT INSTITUTIONS
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                                                                Rule 424(b)(3)
                                                             File No. 33-53533
 
Pricing Supplement No. 0130                             Dated: January 4, 1995
(To Prospectus dated May 13, 1994 and 
Prospectus Supplement dated May 25, 1994)
 
XEROX CREDIT CORPORATION
Medium-Term Notes, Series D 
Due From Nine Months to Thirty Years From Date of Issue
______________________________________________________________________________
 
General
______________________________________________________________________________
 
Principal Amount: $60,000,000
Issue Price: 107.208% of Principal Amount
Proceeds to Company: $64,254,000
Original Issue Date: January 11, 1995
Maturity Date: January 11, 1996
Agent(s): Goldman, Sachs & Co.
Agent's Discount or Commission: 0.118% of the Principal Amount
Agent's capacity:  / /  As Agent        /X/  As Principal (see below) 
   If as Principal:
      / /  The Notes are being offered at varying prices related to 
              prevailing market prices at the time of resale.
      /X/  The Notes are being offered at a fixed initial public offering 
              price of 107.208% of Principal Amount.
Form:      /X/  Book Entry      / /  Certificated 
Authorized Denominations: $100,000.00
   Integral Multiples in excess thereof: $1,000.00
Specified Currency (if other than U.S. dollars, see Attachment): U.S. dollars
   Option to Elect Payment in Specified Currency:        / /  Yes     / /  No
      (Applicable only if Specified Currency is other than U.S. dollars)
______________________________________________________________________________
 
Interest
______________________________________________________________________________
 
Interest Rate:
 
   / /  Floating Rate (see Base Rate specified below)
 
        Base Rate(s):
 
        / /  Commercial Paper Rate   / /  Federal Funds Rate
        / /  CD Rate                 / /  LIBOR
        / /  Treasury Rate           / /  Prime Rate
        / /  CMT Rate                / /  J.J. Kenny Rate
        / /  11th District Cost of Funds Rate
        / /  Other (see Attachment)
 
        Initial Interest Rate: 
        Interest Payment Date(s): 
        Calculation Date (if other than as provided in the Prospectus 
           Supplement): 
        Interest Reset Period:
        Interest Reset Date(s): 
        Spread (+/-): 
        Spread Multiplier:
        Maximum Interest Rate:
        Minimum Interest Rate: 
        Index Maturity: 
        Other provisions:  
 
   /X/  Fixed Rate of: 15% per annum
           (Applicable only if Notes are not Zero-Coupon Notes or 
              Amortizing Notes)
 
   / /  Amortizing Notes:
           Scheduled repayment amounts and dates in respect of the 
              principal and interest: 
 
   / /  Currency Indexed Notes:
           Interest Rate:
           Interest Payment Date(s):
           Denominated Currency:
           Indexed Currency or Currencies:
           Face Amount:
           Base Exchange Rate:
           Principal Amount Determination Formula:
           Other provisions: 
 
   / /  Other Indexed Notes:
           Face Amount: 
           Interest Payment Date(s): 
           Principal Amount Determination Formula: 
           Designated Index or Indices: 
           Other provisions:  
 
Optional Resets:
   Option to reset interest rate:    /X/  No      / /  Yes (See Attachment)
      (Applicable only if the Notes are Fixed Rate Notes)
   Option to reset the Spread and/or Spread Multiplier: 
      (Applicable only if the Notes are Floating Rate Notes)
                                     / /  No      / /  Yes (See Attachment)
______________________________________________________________________________
 
Redemption
______________________________________________________________________________
 
   /X/  The Company cannot elect to redeem the Notes prior to the Maturity 
           Date. 
   / /  The Company may elect to redeem the Notes prior to the Maturity 
           Date (see below). 
           Initial Redemption Date: 
           Redemption Date(s): 
           The Redemption Price shall initially be             % of the 
              principal amount of the Note to be redeemed and shall decline 
              at each anniversary of the Initial Redemption Date by 
                            % of the principal amount to be redeemed until 
              the Redemption Price is 100% of such principal amount.
           Other provisions:
______________________________________________________________________________

Early Repayment
______________________________________________________________________________
 
   /X/  The Holder cannot elect to have the Notes repaid prior to the 
           Maturity Date 
   / /  The Holder may elect to have the Notes repaid prior to the 
           Maturity Date (see below).
        Initial Redemption Date:
        Repayment Date(s):
        The Repayment Price shall initially be             % of the 
           principal amount of the Note to be repaid and shall decline at 
           each anniversary of the Initial Repayment Date by             % 
           of the principal amount to be repaid until the Repayment Price 
           is 100% of such principal amount. 
        Other provisions:
______________________________________________________________________________
 
Extension of Maturity
______________________________________________________________________________

Extension of Maturity Date by the Company:
   /X/  The Maturity Date of the Notes cannot be extended by the Company 
   / /  The Maturity Date of the Notes may be extended by the Company 
           (see below) 
        Date(s) on which the Maturity Date may be extended by the Company:
        Final Maturity Date:
        Other provisions:
 
Extension of Maturity Date by the Holder:
   /X/  The Maturity Date of the Notes cannot be extended by the Holder.
   / /  The Maturity Date of the Notes may be extended by the Holder 
           (see below).
        Date(s) on which the Maturity Date may be extended by the Holder: 
        Final Maturity Date: 
        Date(s) by which the Holder's Extension Notice must be received 
           by the Trustee:
        Other provisions:
______________________________________________________________________________
 
Original Issue Discount
______________________________________________________________________________
 
Discount Note:    /X/  No       / /  Yes (see below) 
   Total Amount of OID:
   Yield to Maturity:
   Initial Accrual Period OID:
 
Provisions relating to types of funds for payment:
                  / /  None     / /  Yes (see Attachment) 
______________________________________________________________________________
 
Attachment
______________________________________________________________________________
 
The Interest Payment Dates shall be July 11, 1995 and January 11, 1996, and 
the Regular Record Date for each Interest Payment Date shall be the fifteen 
day (whether or not a Business Day) next preceding such Interest Payment 
Date.
 


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