ASSOCIATES FIRST CAPITAL CORP
4, 2000-12-11
PERSONAL CREDIT INSTITUTIONS
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
(X) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
   Douglas, Dianne
   250 E. Carpenter Freeway
   Irving, TX  75062
2. Issuer Name and Ticker or Trading Symbol
   Associates First Capital Corporation
   AFS
3. IRS or Social Security Number of Reporting Person (Voluntary)

4. Statement for Month/Year
   11/30/2000
5. If Amendment, Date of Original (Month/Year)
   12/8/2000
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
   ( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
   (specify below)
   Senior Vice President
7. Individual or Joint/Group Filing (Check Applicable Line)
   (X) Form filed by One Reporting Person
   ( ) Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
___________________________________________________________________________________________________________________________________
 Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned                                                 |
___________________________________________________________________________________________________________________________________|
1. Title of Security       |2.    |3.    |4.Securities Acquired (A)         |5.Amount of        |6.Dir |7.Nature of Indirect       |
                           | Transaction |  or Disposed of (D)              |  Securities       |ect   |  Beneficial Ownership     |
                           |      |      |                                  |  Beneficially     |(D)or |                           |
                           |      |    | |                  | A/|           |  Owned at         |Indir |                           |
                           | Date |Code|V|    Amount        | D |    Price  |  End of Month     |ect(I)|                           |
___________________________________________________________________________________________________________________________________|
<S>                        <C>    <C>  <C><C>               <C> <C>         <C>                 <C>    <C>
Class A Common Stock       |9/6/00|F   |V|736 (1)           |D  |$36.63     |6,064              |D     |                           |
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Class A Common Stock       |11/30/|D   |V|6,064             |D  |(2)        |0                  |D     |                           |
                           |00    |    | |                  |   |           |                   |      |                           |
-----------------------------------------------------------------------------------------------------------------------------------|
___________________________________________________________________________________________________________________________________|
<CAPTION>
___________________________________________________________________________________________________________________________________
 Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned                                                   |
___________________________________________________________________________________________________________________________________|
1.Title of Derivative |2.Con-  |3.   |4.    |5.Number of De |6.Date Exer|7.Title and Amount  |8.Price|9.Number    |10.|11.Nature of|
  Security            |version |Transaction | rivative Secu |cisable and|  of Underlying     |of Deri|of Deriva   |Dir|Indirect    |
                      |or Exer |     |      | rities Acqui  |Expiration |  Securities        |vative |tive        |ect|Beneficial  |
                      |cise    |     |      | red(A) or Dis |Date(Month/|                    |Secu   |Securities  |(D)|Ownership   |
                      |Price of|     |      | posed of(D)   |Day/Year)  |                    |rity   |Benefi      |or |            |
                      |Deriva- |     |      |               |Date |Expir|                    |       |ficially    |Ind|            |
                      |tive    |     |      |           | A/|Exer-|ation|   Title and Number |       |Owned at    |ire|            |
                      |Secu-   |     |    | |           | D |cisa-|Date |   of Shares        |       |End of      |ct |            |
                      |rity    |Date |Code|V|  Amount   |   |ble  |     |                    |       |Month       |(I)|            |
___________________________________________________________________________________________________________________________________|
<S>                   <C>      <C>   <C>  <C><C>        <C> <C>   <C>   <C>          <C>     <C>     <C>          <C> <C>
Options with Stock App|$14.50  |11/30|D   |V|2,188      |D  |(3)  |5/7/2|Class A Comm|2,188  |(4)    |0           |D  |            |
reciation Rights      |        |/00  |    | |           |   |     |006  |on Stock    |       |       |            |   |            |
-----------------------------------------------------------------------------------------------------------------------------------|
Stock Options         |$21.63  |11/30|D   |V|2,336      |D  |(3)  |1/2/2|Class A Comm|2,336  |(5)    |0           |D  |            |
                      |        |/00  |    | |           |   |     |007  |on Stock    |       |       |            |   |            |
-----------------------------------------------------------------------------------------------------------------------------------|
Stock Options         |$35.31  |11/30|D   |V|1,200      |D  |(3)  |1/1/2|Class A Comm|12,000 |(6)    |0           |D  |            |
                      |        |/00  |    | |           |   |     |008  |on Stock    |       |       |            |   |            |
-----------------------------------------------------------------------------------------------------------------------------------|
Stock Options         |$42.25  |11/30|D   |V|14,000     |D  |(3)  |1/4/2|Class A Comm|14,000 |(7)    |0           |D  |            |
                      |        |/00  |    | |           |   |     |009  |on Stock    |       |       |            |   |            |
-----------------------------------------------------------------------------------------------------------------------------------|
Stock Options         |$25.56  |11/30|D   |V|15,000     |D  |(3)  |1/3/2|Class A Comm|15,000 |(8)    |0           |D  |            |
                      |        |/00  |    | |           |   |     |010  |on Stock    |       |       |            |   |            |
-----------------------------------------------------------------------------------------------------------------------------------|
Stock Options         |$22.81  |11/30|D   |V|5,000      |D  |(3)  |4/3/2|Class A Comm|5,000  |(9)    |0           |D  |            |
                      |        |/00  |    | |           |   |     |010  |on Stock    |       |       |            |   |            |
-----------------------------------------------------------------------------------------------------------------------------------|
                      |        |     |    | |           |   |     |     |            |       |       |            |   |            |
___________________________________________________________________________________________________________________________________|
</TABLE>
Explanation of Responses:
1. Payment of tax liability by delivering or withholding securities incident to
the vesting of a security issued in accordance with Rule 16b-3.
2. Disposed of pursuant to a merger agreement between issuer and Citigroup Inc.
in exchange for 4,447.34 shares of Citigroup Inc. common stock having a market
value of $49.81 per share on the
effective date of the
merger.
3.  All options were  exercisable to the extent of 33 1/3% of such shares after
one year from the date of grant, 66 2/3% after two years and in full after
three years.
4. This option was assumed by Citigroup Inc. in the merger and replaced with an
option to purchase 1,605 shares of Citigroup Inc. common stock for $19.77 per
share.
5.  This option was assumed by Citigroup Inc. in the merger and replaced with
an option to purchase 1,713.22 shares of Citigroup Inc. common stock for $29.49
per share.
6.  This option was assumed by Citigroup Inc. in the merger and replaced with
an option to purchase 8,800.80 shares of Citigroup Inc. common stock for $48.15
per share.
7.  This option was assumed by Citigroup Inc. in the merger and replaced with
an option to purchase 10,267.60 shares of Citigroup Inc. common stock for
$57.61 per share.
8.  This option was assumed by Citigroup Inc. in the merger and replaced with
an option to purchase 11,001 shares of Citigroup Inc. common stock for $36.22
per share.
9.  This option was assumed by Citigroup Inc. in the merger and replaced with
an option to purchase 3,667 shares of Citigroup Inc. common stock for $31.10
per share.
SIGNATURE OF REPORTING PERSON
/s/Frederic C. Liskow on behalf of Dianne Douglas
DATE
December 11, 2000



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