CONSENT AND POWER OF ATTORNEY

      KNOW ALL MEN BY THESE PRESENTS, that the undersigned director and/or
officer of THE CIT GROUP, INC., a Delaware corporation (the "Company"), which is
about to file with the Securities and Exchange Commission, Washington, D.C.,
under the provisions of the Securities Act of 1934, as amended, an annual report
on Form 10-K for the year ended December 31, 1998:

      Hereby acknowledges that the undersigned director of the Company has
      reviewed and approved copies of the Company's annual report on Form 10-K
      for the year ended December 31, 1998, to be filed with the Securities and
      Exchange Commission; and

      Hereby authorizes ALBERT R. GAMPER, JR., ERNEST D. STEIN, and JAMES P.
      SHANAHAN, and each of them with full power to act without the others, to
      execute, in the name and on behalf of the Company and on behalf of the
      Principal Executive Officer or Officers and/or the Principal Accounting
      Officer and/or any other Officer of the Company, the annual report on Form
      10-K for the year ended December 31, 1998, and any and all amendments
      thereof, with power where appropriate to affix the corporate seal of the
      Company thereto and to attest to said seal, and to file such report, when
      so executed, including any exhibits required in connection therewith, with
      the Securities and Exchange Commission; and

      Hereby constitutes and appoints ALBERT R. GAMPER, JR., ERNEST D. STEIN,
      and JAMES P. SHANAHAN, and each of them with full power to act without the
      others, his true and lawful attorneys-in-fact and agents, for him and in
      his name, place, and stead, in any and all capacities, to sign such Form
      10-K and any and all amendments thereof, and to file such Form 10-K and
      each such amendment, with all exhibits thereto, and any and all other
      documents in connection therewith, with the Securities and Exchange
      Commission; and

      Hereby grants unto said attorneys-in-fact and agents, and each of them,
      full power and authority to do and perform any and all acts and things
      requisite and necessary to be done in and about the premises, as fully to
      all intents and purposes as he might or could do in person; and

      Hereby ratifies and confirms all that said attorneys-in-fact and agents,
      or any of them, may lawfully do or cause to be done by virtue hereby.

      IN WITNESS WHEREOF, the undersigned has hereunto set his hand on the
16th day of March, 1999.

                                                  /s/ Albert R. Gamper, Jr.
                                                  ------------------------------
                                                  Albert R. Gamper, Jr.

<PAGE>

                          CONSENT AND POWER OF ATTORNEY

      KNOW ALL MEN BY THESE PRESENTS, that the undersigned director and/or
officer of THE CIT GROUP, INC., a Delaware corporation (the "Company"), which is
about to file with the Securities and Exchange Commission, Washington, D.C.,
under the provisions of the Securities Act of 1934, as amended, an annual report
on Form 10-K for the year ended December 31, 1998:

      Hereby acknowledges that the undersigned director of the Company has
      reviewed and approved copies of the Company's annual report on Form 10-K
      for the year ended December 31, 1998, to be filed with the Securities and
      Exchange Commission; and

      Hereby authorizes ALBERT R. GAMPER, JR., ERNEST D. STEIN, and JAMES P.
      SHANAHAN, and each of them with full power to act without the others, to
      execute, in the name and on behalf of the Company and on behalf of the
      Principal Executive Officer or Officers and/or the Principal Accounting
      Officer and/or any other Officer of the Company, the annual report on Form
      10-K for the year ended December 31, 1998, and any and all amendments
      thereof, with power where appropriate to affix the corporate seal of the
      Company thereto and to attest to said seal, and to file such report, when
      so executed, including any exhibits required in connection therewith, with
      the Securities and Exchange Commission; and

      Hereby constitutes and appoints ALBERT R. GAMPER, JR., ERNEST D. STEIN,
      and JAMES P. SHANAHAN, and each of them with full power to act without the
      others, his true and lawful attorneys-in-fact and agents, for him and in
      his name, place, and stead, in any and all capacities, to sign such Form
      10-K and any and all amendments thereof, and to file such Form 10-K and
      each such amendment, with all exhibits thereto, and any and all other
      documents in connection therewith, with the Securities and Exchange
      Commission; and

      Hereby grants unto said attorneys-in-fact and agents, and each of them,
      full power and authority to do and perform any and all acts and things
      requisite and necessary to be done in and about the premises, as fully to
      all intents and purposes as he might or could do in person; and

      Hereby ratifies and confirms all that said attorneys-in-fact and agents,
      or any of them, may lawfully do or cause to be done by virtue hereby.

      IN WITNESS WHEREOF, the undersigned has hereunto set his hand on the
15th day of March, 1999.

                                                  /s/ Tohru Tonoike
                                                  ------------------------------
                                                  Tohru Tonoike

<PAGE>

                          CONSENT AND POWER OF ATTORNEY

      KNOW ALL MEN BY THESE PRESENTS, that the undersigned director and/or
officer of THE CIT GROUP, INC., a Delaware corporation (the "Company"), which is
about to file with the Securities and Exchange Commission, Washington, D.C.,
under the provisions of the Securities Act of 1934, as amended, an annual report
on Form 10-K for the year ended December 31, 1998:

      Hereby acknowledges that the undersigned director of the Company has
      reviewed and approved copies of the Company's annual report on Form 10-K
      for the year ended December 31, 1998, to be filed with the Securities and
      Exchange Commission; and

      Hereby authorizes ALBERT R. GAMPER, JR., ERNEST D. STEIN, and JAMES P.
      SHANAHAN, and each of them with full power to act without the others, to
      execute, in the name and on behalf of the Company and on behalf of the
      Principal Executive Officer or Officers and/or the Principal Accounting
      Officer and/or any other Officer of the Company, the annual report on Form
      10-K for the year ended December 31, 1998, and any and all amendments
      thereof, with power where appropriate to affix the corporate seal of the
      Company thereto and to attest to said seal, and to file such report, when
      so executed, including any exhibits required in connection therewith, with
      the Securities and Exchange Commission; and

      Hereby constitutes and appoints ALBERT R. GAMPER, JR., ERNEST D. STEIN,
      and JAMES P. SHANAHAN, and each of them with full power to act without the
      others, his true and lawful attorneys-in-fact and agents, for him and in
      his name, place, and stead, in any and all capacities, to sign such Form
      10-K and any and all amendments thereof, and to file such Form 10-K and
      each such amendment, with all exhibits thereto, and any and all other
      documents in connection therewith, with the Securities and Exchange
      Commission; and

      Hereby grants unto said attorneys-in-fact and agents, and each of them,
      full power and authority to do and perform any and all acts and things
      requisite and necessary to be done in and about the premises, as fully to
      all intents and purposes as he might or could do in person; and

      Hereby ratifies and confirms all that said attorneys-in-fact and agents,
      or any of them, may lawfully do or cause to be done by virtue hereby.

      IN WITNESS WHEREOF, the undersigned has hereunto set his hand on the
15th day of March, 1999.

                                                  /s/ Hisao Kobayashi
                                                  ------------------------------
                                                  Hisao Kobayashi

<PAGE>

                          CONSENT AND POWER OF ATTORNEY

      KNOW ALL MEN BY THESE PRESENTS, that the undersigned director and/or
officer of THE CIT GROUP, INC., a Delaware corporation (the "Company"), which is
about to file with the Securities and Exchange Commission, Washington, D.C.,
under the provisions of the Securities Act of 1934, as amended, an annual report
on Form 10-K for the year ended December 31, 1998:

      Hereby acknowledges that the undersigned director of the Company has
      reviewed and approved copies of the Company's annual report on Form 10-K
      for the year ended December 31, 1998, to be filed with the Securities and
      Exchange Commission; and

      Hereby authorizes ALBERT R. GAMPER, JR., ERNEST D. STEIN, and JAMES P.
      SHANAHAN, and each of them with full power to act without the others, to
      execute, in the name and on behalf of the Company and on behalf of the
      Principal Executive Officer or Officers and/or the Principal Accounting
      Officer and/or any other Officer of the Company, the annual report on Form
      10-K for the year ended December 31, 1998, and any and all amendments
      thereof, with power where appropriate to affix the corporate seal of the
      Company thereto and to attest to said seal, and to file such report, when
      so executed, including any exhibits required in connection therewith, with
      the Securities and Exchange Commission; and

      Hereby constitutes and appoints ALBERT R. GAMPER, JR., ERNEST D. STEIN,
      and JAMES P. SHANAHAN, and each of them with full power to act without the
      others, his true and lawful attorneys-in-fact and agents, for him and in
      his name, place, and stead, in any and all capacities, to sign such Form
      10-K and any and all amendments thereof, and to file such Form 10-K and
      each such amendment, with all exhibits thereto, and any and all other
      documents in connection therewith, with the Securities and Exchange
      Commission; and

      Hereby grants unto said attorneys-in-fact and agents, and each of them,
      full power and authority to do and perform any and all acts and things
      requisite and necessary to be done in and about the premises, as fully to
      all intents and purposes as he might or could do in person; and

      Hereby ratifies and confirms all that said attorneys-in-fact and agents,
      or any of them, may lawfully do or cause to be done by virtue hereby.

      IN WITNESS WHEREOF, the undersigned has hereunto set his hand on the
15th day of March, 1999.

                                                  /s/ Yoshiro Aoki
                                                  ------------------------------
                                                  Yoshiro Aoki

<PAGE>

                          CONSENT AND POWER OF ATTORNEY

      KNOW ALL MEN BY THESE PRESENTS, that the undersigned director and/or
officer of THE CIT GROUP, INC., a Delaware corporation (the "Company"), which is
about to file with the Securities and Exchange Commission, Washington, D.C.,
under the provisions of the Securities Act of 1934, as amended, an annual report
on Form 10-K for the year ended December 31, 1998:

      Hereby acknowledges that the undersigned director of the Company has
      reviewed and approved copies of the Company's annual report on Form 10-K
      for the year ended December 31, 1998, to be filed with the Securities and
      Exchange Commission; and

      Hereby authorizes ALBERT R. GAMPER, JR., ERNEST D. STEIN, and JAMES P.
      SHANAHAN, and each of them with full power to act without the others, to
      execute, in the name and on behalf of the Company and on behalf of the
      Principal Executive Officer or Officers and/or the Principal Accounting
      Officer and/or any other Officer of the Company, the annual report on Form
      10-K for the year ended December 31, 1998, and any and all amendments
      thereof, with power where appropriate to affix the corporate seal of the
      Company thereto and to attest to said seal, and to file such report, when
      so executed, including any exhibits required in connection therewith, with
      the Securities and Exchange Commission; and

      Hereby constitutes and appoints ALBERT R. GAMPER, JR., ERNEST D. STEIN,
      and JAMES P. SHANAHAN, and each of them with full power to act without the
      others, his true and lawful attorneys-in-fact and agents, for him and in
      his name, place, and stead, in any and all capacities, to sign such Form
      10-K and any and all amendments thereof, and to file such Form 10-K and
      each such amendment, with all exhibits thereto, and any and all other
      documents in connection therewith, with the Securities and Exchange
      Commission; and

      Hereby grants unto said attorneys-in-fact and agents, and each of them,
      full power and authority to do and perform any and all acts and things
      requisite and necessary to be done in and about the premises, as fully to
      all intents and purposes as he might or could do in person; and

      Hereby ratifies and confirms all that said attorneys-in-fact and agents,
      or any of them, may lawfully do or cause to be done by virtue hereby.

      IN WITNESS WHEREOF, the undersigned has hereunto set his hand on the
15th day of March, 1999.

                                                  /s/ Joseph A. Pollicino
                                                  ------------------------------
                                                  Joseph A. Pollicino

<PAGE>

                          CONSENT AND POWER OF ATTORNEY

      KNOW ALL MEN BY THESE PRESENTS, that the undersigned director and/or
officer of THE CIT GROUP, INC., a Delaware corporation (the "Company"), which is
about to file with the Securities and Exchange Commission, Washington, D.C.,
under the provisions of the Securities Act of 1934, as amended, an annual report
on Form 10-K for the year ended December 31, 1998:

      Hereby acknowledges that the undersigned director of the Company has
      reviewed and approved copies of the Company's annual report on Form 10-K
      for the year ended December 31, 1998, to be filed with the Securities and
      Exchange Commission; and

      Hereby authorizes ALBERT R. GAMPER, JR., ERNEST D. STEIN, and JAMES P.
      SHANAHAN, and each of them with full power to act without the others, to
      execute, in the name and on behalf of the Company and on behalf of the
      Principal Executive Officer or Officers and/or the Principal Accounting
      Officer and/or any other Officer of the Company, the annual report on Form
      10-K for the year ended December 31, 1998, and any and all amendments
      thereof, with power where appropriate to affix the corporate seal of the
      Company thereto and to attest to said seal, and to file such report, when
      so executed, including any exhibits required in connection therewith, with
      the Securities and Exchange Commission; and

      Hereby constitutes and appoints ALBERT R. GAMPER, JR., ERNEST D. STEIN,
      and JAMES P. SHANAHAN, and each of them with full power to act without the
      others, his true and lawful attorneys-in-fact and agents, for him and in
      his name, place, and stead, in any and all capacities, to sign such Form
      10-K and any and all amendments thereof, and to file such Form 10-K and
      each such amendment, with all exhibits thereto, and any and all other
      documents in connection therewith, with the Securities and Exchange
      Commission; and

      Hereby grants unto said attorneys-in-fact and agents, and each of them,
      full power and authority to do and perform any and all acts and things
      requisite and necessary to be done in and about the premises, as fully to
      all intents and purposes as he might or could do in person; and

      Hereby ratifies and confirms all that said attorneys-in-fact and agents,
      or any of them, may lawfully do or cause to be done by virtue hereby.

      IN WITNESS WHEREOF, the undersigned has hereunto set his hand on the
17th day of March, 1999.

                                                  /s/ Takasuke Kaneko
                                                  ------------------------------
                                                  Takasuke Kaneko

<PAGE>

                          CONSENT AND POWER OF ATTORNEY

      KNOW ALL MEN BY THESE PRESENTS, that the undersigned director and/or
officer of THE CIT GROUP, INC., a Delaware corporation (the "Company"), which is
about to file with the Securities and Exchange Commission, Washington, D.C.,
under the provisions of the Securities Act of 1934, as amended, an annual report
on Form 10-K for the year ended December 31, 1998:

      Hereby acknowledges that the undersigned director of the Company has
      reviewed and approved copies of the Company's annual report on Form 10-K
      for the year ended December 31, 1998, to be filed with the Securities and
      Exchange Commission; and

      Hereby authorizes ALBERT R. GAMPER, JR., ERNEST D. STEIN, and JAMES P.
      SHANAHAN, and each of them with full power to act without the others, to
      execute, in the name and on behalf of the Company and on behalf of the
      Principal Executive Officer or Officers and/or the Principal Accounting
      Officer and/or any other Officer of the Company, the annual report on Form
      10-K for the year ended December 31, 1998, and any and all amendments
      thereof, with power where appropriate to affix the corporate seal of the
      Company thereto and to attest to said seal, and to file such report, when
      so executed, including any exhibits required in connection therewith, with
      the Securities and Exchange Commission; and

      Hereby constitutes and appoints ALBERT R. GAMPER, JR., ERNEST D. STEIN,
      and JAMES P. SHANAHAN, and each of them with full power to act without the
      others, his true and lawful attorneys-in-fact and agents, for him and in
      his name, place, and stead, in any and all capacities, to sign such Form
      10-K and any and all amendments thereof, and to file such Form 10-K and
      each such amendment, with all exhibits thereto, and any and all other
      documents in connection therewith, with the Securities and Exchange
      Commission; and

      Hereby grants unto said attorneys-in-fact and agents, and each of them,
      full power and authority to do and perform any and all acts and things
      requisite and necessary to be done in and about the premises, as fully to
      all intents and purposes as he might or could do in person; and

      Hereby ratifies and confirms all that said attorneys-in-fact and agents,
      or any of them, may lawfully do or cause to be done by virtue hereby.

      IN WITNESS WHEREOF, the undersigned has hereunto set his hand on the
12th day of March, 1999.

                                                  /s/ Peter J. Tobin
                                                  ------------------------------
                                                  Peter J. Tobin

<PAGE>

                          CONSENT AND POWER OF ATTORNEY

      KNOW ALL MEN BY THESE PRESENTS, that the undersigned director and/or
officer of THE CIT GROUP, INC., a Delaware corporation (the "Company"), which is
about to file with the Securities and Exchange Commission, Washington, D.C.,
under the provisions of the Securities Act of 1934, as amended, an annual report
on Form 10-K for the year ended December 31, 1998:

      Hereby acknowledges that the undersigned director of the Company has
      reviewed and approved copies of the Company's annual report on Form 10-K
      for the year ended December 31, 1998, to be filed with the Securities and
      Exchange Commission; and

      Hereby authorizes ALBERT R. GAMPER, JR., ERNEST D. STEIN, and JAMES P.
      SHANAHAN, and each of them with full power to act without the others, to
      execute, in the name and on behalf of the Company and on behalf of the
      Principal Executive Officer or Officers and/or the Principal Accounting
      Officer and/or any other Officer of the Company, the annual report on Form
      10-K for the year ended December 31, 1998, and any and all amendments
      thereof, with power where appropriate to affix the corporate seal of the
      Company thereto and to attest to said seal, and to file such report, when
      so executed, including any exhibits required in connection therewith, with
      the Securities and Exchange Commission; and

      Hereby constitutes and appoints ALBERT R. GAMPER, JR., ERNEST D. STEIN,
      and JAMES P. SHANAHAN, and each of them with full power to act without the
      others, his true and lawful attorneys-in-fact and agents, for him and in
      his name, place, and stead, in any and all capacities, to sign such Form
      10-K and any and all amendments thereof, and to file such Form 10-K and
      each such amendment, with all exhibits thereto, and any and all other
      documents in connection therewith, with the Securities and Exchange
      Commission; and

      Hereby grants unto said attorneys-in-fact and agents, and each of them,
      full power and authority to do and perform any and all acts and things
      requisite and necessary to be done in and about the premises, as fully to
      all intents and purposes as he might or could do in person; and

      Hereby ratifies and confirms all that said attorneys-in-fact and agents,
      or any of them, may lawfully do or cause to be done by virtue hereby.

      IN WITNESS WHEREOF, the undersigned has hereunto set his hand on the
15th day of March, 1999.

                                                  /s/ Daniel P. Amos
                                                  ------------------------------
                                                  Daniel P. Amos

<PAGE>

                          CONSENT AND POWER OF ATTORNEY

      KNOW ALL MEN BY THESE PRESENTS, that the undersigned director and/or
officer of THE CIT GROUP, INC., a Delaware corporation (the "Company"), which is
about to file with the Securities and Exchange Commission, Washington, D.C.,
under the provisions of the Securities Act of 1934, as amended, an annual report
on Form 10-K for the year ended December 31, 1998:

      Hereby acknowledges that the undersigned director of the Company has
      reviewed and approved copies of the Company's annual report on Form 10-K
      for the year ended December 31, 1998, to be filed with the Securities and
      Exchange Commission; and

      Hereby authorizes ALBERT R. GAMPER, JR., ERNEST D. STEIN, and JAMES P.
      SHANAHAN, and each of them with full power to act without the others, to
      execute, in the name and on behalf of the Company and on behalf of the
      Principal Executive Officer or Officers and/or the Principal Accounting
      Officer and/or any other Officer of the Company, the annual report on Form
      10-K for the year ended December 31, 1998, and any and all amendments
      thereof, with power where appropriate to affix the corporate seal of the
      Company thereto and to attest to said seal, and to file such report, when
      so executed, including any exhibits required in connection therewith, with
      the Securities and Exchange Commission; and

      Hereby constitutes and appoints ALBERT R. GAMPER, JR., ERNEST D. STEIN,
      and JAMES P. SHANAHAN, and each of them with full power to act without the
      others, his true and lawful attorneys-in-fact and agents, for him and in
      his name, place, and stead, in any and all capacities, to sign such Form
      10-K and any and all amendments thereof, and to file such Form 10-K and
      each such amendment, with all exhibits thereto, and any and all other
      documents in connection therewith, with the Securities and Exchange
      Commission; and

      Hereby grants unto said attorneys-in-fact and agents, and each of them,
      full power and authority to do and perform any and all acts and things
      requisite and necessary to be done in and about the premises, as fully to
      all intents and purposes as he might or could do in person; and

      Hereby ratifies and confirms all that said attorneys-in-fact and agents,
      or any of them, may lawfully do or cause to be done by virtue hereby.

      IN WITNESS WHEREOF, the undersigned has hereunto set his hand on the
13th day of March, 1999.

                                                  /s/ Alan F. White
                                                  ------------------------------
                                                  Alan F. White