IBM CREDIT CORP
424B2, 1994-04-19
FINANCE LESSORS
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    PRICING SUPPLEMENT NO. 26                TO PROSPECTUS DATED April 16, 1993
                                                     RULE NO. 424 (b) (2)
                                                     REGISTRATION NO. 33-44594
                        (AS SUPPLEMENTED August 17, 1993)


                             IBM CREDIT CORPORATION


                                MEDIUM-TERM NOTE



               (DUE FROM 9 MONTHS TO 30 YEARS FROM DATE OF ISSUE)



                                (FIXED RATE NOTE)


    Principal Amount: $15,000,000.00                                  Designation      : N9401008

    Issue Price (as a % of Principal Amount): 99.977%                 Orig. Issue Date : 04/25/94

    Record Dates: 02/15, 08/15                                        Maturity Date    : 04/25/95

    Interest Payment Dates: 02/15, 08/15                              Initial Int. Rate:  5.15000% per yr.


    Redemption:


    Check opposite applicable paragraph.



    XXX
    -----  The Notes cannot be redeemed prior to maturity.

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    -----  The Notes may be redeemed prior to maturity.



    Initial Redemption Date: N/A

         The Optional Redemption Price shall initially be N/A of the principal
    amount of the Note to be redeemed and shall decline at each anniversary
    of the Initial Redemption Dates by N/A of the principal amount to be
    redeemed until the Optional redemption Price is 100% of such principal
    amount.

    DATED 04/19/94
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           PAGE  1

    PRICING SUPPLEMENT NO. 27                TO PROSPECTUS DATED April 16, 1993
                                                     RULE NO. 424 (b) (2)
                                                     REGISTRATION NO. 33-44594
                        (AS SUPPLEMENTED August 17, 1993)


                             IBM CREDIT CORPORATION


                                MEDIUM-TERM NOTE



               (DUE FROM 9 MONTHS TO 30 YEARS FROM DATE OF ISSUE)



                                (FIXED RATE NOTE)


    Principal Amount: $5,000,000.00                                   Designation      : N9401009

    Issue Price (as a % of Principal Amount): 99.977%                 Orig. Issue Date : 04/25/94

    Record Dates: 02/15, 08/15                                        Maturity Date    : 04/25/95

    Interest Payment Dates: 02/15, 08/15                              Initial Int. Rate:  5.15000% per yr.


    Redemption:


    Check opposite applicable paragraph.

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    XXX
    -----  The Notes cannot be redeemed prior to maturity.



    -----  The Notes may be redeemed prior to maturity.



    Initial Redemption Date: N/A

         The Optional Redemption Price shall initially be N/A of the principal
    amount of the Note to be redeemed and shall decline at each anniversary
    of the Initial Redemption Dates by N/A of the principal amount to be
    redeemed until the Optional redemption Price is 100% of such principal
    amount.

    DATED 04/19/94
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