PROSPECTUS Dated                                                                                                                                            Pricing Supplement No. 7

January 17, 2006                                                                                                                                                     March 13, 2006

                                                                                   U.S. $18,000,000,000                                                                Rule 424 (b) (3)

                                                                                                                                                                               Registration Statement

                                                                     FORD MOTOR CREDIT COMPANY                                                No. 333-131062

                                                                   FLOATING RATE DEMAND NOTES

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

                                                                                Interest Rate Per Annum

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

Period            Tier One Notes        Tier Two Notes          Tier Three Notes

Beginning      Under $15,000          $15,000-$49,999          $50,000 and over

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

3/13/2006               5.14%                          5.29%                            5.44%