COMMAND CREDIT CORP
10-C, 1995-10-26
BUSINESS SERVICES, NEC
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                      SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, DC  20549
                                   
                                   FORM 10-C
                                   
                REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
                         INTERDEALER QUOTATION SYSTEM
                 FILED PURSUANT TO SECTION 13 OR 15(d) OF THE
                SECURITIES EXCHANGE ACT OF 1934 AND RULE 13a-17
                             OR 15d-17 THEREUNDER
                                   
                          Command Credit Corporation
              (Exact name of issuer as specified in charter)
                                   
                 100 Garden City Plaza, Garden City, NY 11530
                   (Address of principal executive offices)
                                   
         Issuer's telephone number, including area code (516) 739-8800
                                  
                  I.  CHANGE IN NUMBER OF SHARES OUTSTANDING

Indicate any change (increase or decrease) of five percent or more in the number
of shares outstanding.
                                   
1.  Title of security: Common Stock, $.0001 par value

2.  Number of shares outstanding before the change: 148,425,577

3.  Number of shares outstanding after the change: 989,503

4.  Effective date of change: October 26, 1995

5.  Method of change: Specify method (such as merger, acquisition, 
    exchange, distribution, stock split, acquisition of stock for treasury, 
    etc.): Reverse Stock Split

6.  Give brief description of transaction: A reverse stock split pursuant
    to which each 150 shares of common stock issued and outstanding as of
    the close of business on October 25, 1995 will be converted to one
    share.
                         II.  CHANGE IN NAME OF ISSUER

1.  Name prior to change:

2.  Name after change:

3.  Effective date of charter amendment changing name:

4.  Date of shareholder approval of change, if required:

Date: October 26, 1995
                                       /s/ William G. Lucas, President
                                       --------------------------------
                                       (Officer's signature and title)



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