FORD MOTOR CREDIT CO
424B3, 1995-01-03
PERSONAL CREDIT INSTITUTIONS
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Pricing Supplement No. 113 Dated December 20, 1994
(To Prospectus and Prospectus Supplement 
Dated May 4, 1994)
                                                   Rule 424(b)(3)
                                                   Registration Statement
                                                   No. 33-53101  
                   U.S.$6,000,000,000

                 FORD MOTOR CREDIT COMPANY

            Medium-Term Notes Due from 9 Months
               to 30 Years from Date of Issue

     Ford Motor Credit Company has designated $75,000,000
aggregate principal amount of its Medium-Term Notes Due from 9 Months to 30
Years from Date of Issue having specific terms set forth below.  

Issue Date:              December 23, 1994
Principal Amount:        $75,000,000
Interest Rate:           9.14% per annum 
Interest Payment Dates:  June 30 and December 30 of each year 
                         commencing June 30, 1995
   Stated Maturity:      December 30, 2014
    
          Ford Motor Credit Company may, at its option, redeem the Notes 
upon not less than 30 nor more than 60 days' notice given in the manner
provided in the Indenture, as a whole but not in part, on December 30, 2004
and on any Interest Payment Date thereafter at a redemption price equal to
100% of the principal amount of the Notes to be redeemed.


                       GOLDMAN, SACHS & CO.




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