<PAGE> Filed Under Rule 424 (b)(3)
Registration Statement No. 333-48415
SUPPLEMENT NO. 07 TO PROSPECTUS DATED May 5, 1998
(AS SUPPLEMENTED May 5, 1998)
AT&T CAPITAL CORPORATION
Medium Term Notes, Series F
Due Nine Months or More From Date of Issue.
Issue Price: 100%
(as a percent of principal amount)
Floating Rate Notes
- -----------------------
Interest Rate Per Annum.......Float%
SETTLEMENT DATE: 09/18/98
INITIAL PAYMENT DATE: 10/19/98
MATURITY DATE: 09/20/99
DAYCOUNT: ACTUAL/360
INDEX: 1 Month LIBOR + 0.40%
SOURCE: TELERATE PAGE 3750
RESET FREQUENCY: Monthly
PAYMENT FREQUENCY: Monthly
PAYMENT: Monthly, Pays the 18TH or next Good
Business
Day of each Month. Commencing
10/19/98
INTEREST DETERMINATION: Monthly Reset, Paid
Monthly - Source: Telerate p. 3750.
2 London
Business Days Prior to Each Reset
Date.
REDEMPTION: Non-Call Life
AMOUNT OF SALE: $50,000,000.00
CUSIP NUMBER: 00206HJ47
Date of Sale: September 15, 1998
