-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 VNMPqTK3xGABV46cYqJKn0DAsdnpNnIVtB72lals+ZGtBym0t+zu/KXEnWzV3qXq
 Qh03/wsKpgvsFZJx71AFdg==

<SEC-DOCUMENT>0000950124-98-003577.txt : 19980625
<SEC-HEADER>0000950124-98-003577.hdr.sgml : 19980625
ACCESSION NUMBER:		0000950124-98-003577
CONFORMED SUBMISSION TYPE:	424B3
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19980624
SROS:			AMEX
SROS:			NYSE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FORD MOTOR CREDIT CO
		CENTRAL INDEX KEY:			0000038009
		STANDARD INDUSTRIAL CLASSIFICATION:	PERSONAL CREDIT INSTITUTIONS [6141]
		IRS NUMBER:				381612444
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		424B3
		SEC ACT:		
		SEC FILE NUMBER:	333-45015
		FILM NUMBER:		98653437

	BUSINESS ADDRESS:	
		STREET 1:		THE AMERICAN RD
		STREET 2:		PO BOX 6044
		CITY:			DEARBORN
		STATE:			MI
		ZIP:			48121
		BUSINESS PHONE:		3133223000

	MAIL ADDRESS:	
		STREET 1:		PO BOX 6044
		STREET 2:		THE AMERICAN ROAD
		CITY:			DEARBORN
		STATE:			MI
		ZIP:			48121
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B3
<SEQUENCE>1
<DESCRIPTION>424B3
<TEXT>

<PAGE>   1
PROSPECTUS DATED                                       Pricing Supplement No. 11
April 1, 1998                                          Effective June 22, 1998


                            U.S. $1,000,000,000             Rule 424 (b) (3)
                                                          Registration Statement
                          FORD MOTOR CREDIT COMPANY          No. 333-45015

                        VARIABLE DENOMINATION FLOATING
                              RATE DEMAND NOTES


                       - - - - - - - - - - - - - - - -

                           Interest Rate Per Annum
                           - - - - - - - - - - - -


<TABLE>
<CAPTION>
Period            Tier One Notes     Tier Two Notes         Tier Three Notes
Beginning         Under $15,000      $15,000-$49,999        $50,000 and over
- ---------         --------------     ---------------        ----------------
<S>               <C>                <C>                    <C>
6/22/98                 5.27%             5.47%                   5.67%

</TABLE>

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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