Rule 424(b)(3)
                                        Registration Statement No.333-27465
                                        Cusip # 12560MBN7
PRICING SUPPLEMENT NO. 36,

Dated  September  23,  1998 to  
Prospectus,  dated  June 6, 1997 and  
Prospectus Supplement, dated June 12, 1997.

                               THE CIT GROUP, INC.
                     (formerly THE CIT GROUP HOLDINGS, INC.)
                         MEDIUM-TERM FLOATING RATE NOTES
                   DUE NINE MONTHS OR MORE FROM DATE OF ISSUE


(X) Senior Note              (   ) Senior Subordinated Note

Principal Amount:  U.S. $200,000,000.

Proceeds to Corporation:  100% or $200,000,000.

Issue Price:  Variable Price Reoffer.

Specified Currency:  U.S. Dollars.

Original Issue Date:  September 28, 1998.

Maturity Date:  September 28, 1999.

Interest Rate Basis:  Prime Rate.

Spread:  -290 basis points.

Initial Interest Rate: The Prime Rate determined one Business Day prior to the 
Original Issue Date minus 290 basis points.

The Notes are  offered  by the  Underwriter,  as  specified  herein,  subject to
receipt  and  acceptance  by it and  subject to its right to reject any order in
whole or in part.  It is expected  that the Notes will be ready for  delivery in
book-entry form on or about September 28, 1998.

                              GOLDMAN, SACHS & CO.





Form:  Global Note.

Interest Reset Date:  Each Business Day to but excluding the Maturity Date.

Rate    Cut-Off Date: Two Business Days prior to each Interest Payment Date. The
        interest  rate for  each day  following  the  Rate  Cut-Off  Date to but
        excluding the Interest  Payment Date will be the rate  prevailing on the
        Rate Cut-Off Date.

Accrual of Interest:  Accrued  interest  will be computed by adding the Interest
        Factors calculated for each day from the Original Issue Date or from the
        last date to which interest has been paid or duly provided for up to but
        not including the day for which  accrued  interest is being  calculated.
        The "Interest Factor" for any Note for each such day will be computed by
        multiplying  the face amount of the Note by the interest rate applicable
        to such day and dividing the product thereof by 360.

InterestPayment Dates:  Quarterly on December 28, 1998, March 29, 1999, June 28,
        1999 and September 28, 1999, commencing December 28, 1998, provided that
        if any  Interest  Payment  Date  (other  than the  Maturity  Date) would
        otherwise  fall on a day that is not a Business  Day,  then the Interest
        Payment Date will be the first  following day that is a Business Day. If
        the Maturity Date would  otherwise  fall on a day that is not a Business
        Day,  then  principal  and interest on the Note will be paid on the next
        succeeding Business Day, and no interest on such payment will accrue for
        the period from and after the Maturity Date.

        Interest  payments will include the amount of interest  accrued from and
        including the most recent  Interest  Payment Date to which  interest has
        been  paid  (or from  and  including  the  Original  Issue  Date) to but
        excluding the applicable Interest Payment Date.

Calculation Date:  The earlier of (i) the fifth Business Day after each Interest
        Determination  Date or (ii) the Business Day  immediately  preceding the
        applicable Interest Payment Date.

Interest Determination Date: One Business Day prior to each Interest Reset Date.

Minimum Interest Rate:  0.0%.

Calculation Agent:  The CIT Group, Inc. (formerly The CIT Group Holdings, Inc.)

Trustee, Registrar, Authenticating and Paying Agent:
        Harris Trust and Savings Bank,  under  Indenture dated as of May 1, 1994
        between the Trustee and the Corporation.





                                  UNDERWRITING

Goldman, Sachs & Co. (the "Underwriter") is acting as principal in this 
transaction.

The Underwriter  has advised the  Corporation  that it proposes to offer the 
Notes for sale from  time to time in one or more  transactions  (which  may
include block  transactions),  in  negotiated  transactions  or otherwise,  or a
combination of such methods of sale, at market prices  prevailing at the time of
sale,  at prices  related  to such  prevailing  market  prices or at  negotiated
prices.