Pricing Supplement No. 78 Dated May 16, 1997
(To Prospectus and Prospectus Supplement 
Dated October 24, 1996)
                                                    Rule 424(b)(3)
                                             Registration Statement
                   U.S.$5,000,000,000               No. 33-64237             

               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 $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.  Salomon
Brothers Inc has agreed to purchase the Notes at a price of 100% 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:              May 21, 1997

Principal Amount:        $75,000,000

Interest Rate Basis:     LIBOR having an Index Maturity of three months  
                         plus 21 basis points, not to exceed 9.50% per annum.

Interest Reset Dates     Quarterly on the 21st day of the months of February,
                         May, August and November, beginning August 21, 1997.

Interest Payment Dates:  Quarterly on the 21st day of the months of February,
                         May, August and November, beginning August 21, 1997,
                         and at Stated Maturity.

Stated Maturity:         May 21, 2002

Reference Agent:         The Chase Manhattan Bank 




                                 SALOMON BROTHERS INC    



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