FORD MOTOR CREDIT CO
424B3, 1996-03-01
PERSONAL CREDIT INSTITUTIONS
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Pricing Supplement No. 100 Dated February 28, 1996
(To Prospectus and Prospectus Supplement 
Dated October 10, 1995)                           Rule 424(b)(3)
                                              Registration Statement
                                                   No. 33-55945
                                            
                                                 
                                           
                      U.S. $250,000,000

                 FORD MOTOR CREDIT COMPANY

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

            Ford Motor Credit Company ("Ford Credit") has designated
$250,000,000 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. 
Merrill Lynch, Pierce, Fenner & Smith Incorporated has agreed to purchase the
Notes at a price of 99.650% of their principal amount for resale at an
initial public offering price of 100% of their principal amount.  After the
initial public offering, the offering price may be changed.  


Issue Date:              March 5, 1996

Principal Amount:        $250,000,000

Interest Rate Basis:     LIBOR having an Index Maturity of three
                         months plus 22 basis points
   
Interest Reset Dates:    Quarterly on March 5, June 5, September 5 and
                         December 5 of each year, commencing June 5, 1996
                         
Interest Payment Dates:  The 5th day of the months of March, June,
                         September and December of each year, commencing June
                         5, 1996 and at the Stated Maturity
 
Stated Maturity:         March 5, 2001

Reference Agent:         Chemical Bank 




                       MERRILL LYNCH & CO.


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