AMERICREDIT CORP
8-K, 1997-02-05
FINANCE SERVICES
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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT

                       PURSUANT TO SECTION 13 OR 15(D) OF
                       THE SECURITIES EXCHANGE ACT OF 1934

       Date of Report (Date of earliest event reported): February 4, 1997


                                AMERICREDIT CORP.
             (Exact name of registrant as specified in its charter)



            TEXAS                        1-10667                 75-2291093
(State or other jurisdiction of     (Commission File           (IRS Employer
        incorporation)                    Number)            Identification No.)

200 BAILEY AVENUE, FORT WORTH, TEXAS                               76107
(Address of principal executive offices)                         (Zip Code)


Registrant's telephone number, including area code:           (817) 332-7000
                                                        ------------------------


                                (NOT APPLICABLE)
(Former name or former address, if changed since last report)






CORPDAL:61303.1 14394-00070
                                        1

<PAGE>



ITEM 5.  OTHER EVENTS

         The Registrant files herewith the exhibit listed in Item 7(c) below.

ITEM 7(C).  EXHIBITS

         The  following  exhibit is  furnished  in  accordance  with Item 601 of
Regulation S-K:

                  99       Press Release


CORPDAL:61303.1 14394-00070
                                        2

<PAGE>



                                   SIGNATURES

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  registrant  has duly  caused  this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                AMERICREDIT CORP.
                                  (Registrant)


Date: February 5, 1997                      By:/s/Daniel E. Berce
                                               ------------------
                                               Daniel E. Berce
                                               Vice Chairman of the Board, Chief
                                               Financial Officer and Treasurer


CORPDAL:61303.1 14394-00070
                                        3

<PAGE>



                                INDEX TO EXHIBITS




    EXHIBIT                                                         SEQUENTIALLY
      NO.                                          EXHIBIT         NUMBERED PAGE

      99                                       Press Release


CORPDAL:61303.1 14394-00070
                                        4


FOR IMMEDIATE RELEASE

Contact:          Kim Welch
                  Investor Relations Manager
                  (817) 882-7009

                                AMERICREDIT CORP.
                             COMPLETES $125 MILLION
                     PRIVATE SENIOR UNSECURED DEBT OFFERING

FORT WORTH,  TEXAS February 5, 1997 -- AMERICREDIT  CORP.  (NYSE: ACF) announced
today that it has  completed  the  private  issuance  of $125  million of 9 1/4%
Senior  Notes due 2004 to certain  qualified  institutional  buyers.  The Notes,
which are unsecured, were priced at 99.745% to yield 9.30%. The proceeds will be
used to fund the Company's growth, including increasing the amount of automobile
and other loans the Company  can  purchase  and hold for pooling and sale in the
asset-backed securities market.

The Notes sold by AmeriCredit in the private  placement have not been registered
under the Securities Act of 1933, as amended,  and may not be offered or sold in
the United States absent such registration or an applicable  exemption from such
registration requirements.

AmeriCredit  is  a  consumer   finance   company   specializing  in  purchasing,
securitizing and servicing automobile sales finance contracts and purchasing and
selling home equity loans.

CORPDAL:61303.1 14394-00070



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