Rule 424(b)(3)
                                           Registration Statement No.333-71361
                                           Cusip # 12560BU1

PRICING SUPPLEMENT NO. 6,
Dated  August 9, 1999 to
Prospectus,  dated  February  11, 1999 and
Prospectus Supplement, dated March 31, 1999.

                               THE CIT GROUP, 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. $500,000,000.

Proceeds to Corporation:  100% or $500,000,000.

Underwriting Discount:  0%.

Issue Price:  Variable Price Reoffer, Initially at Par.

Specified Currency:  U.S. Dollars.

Original Issue Date:  August 12, 1999.

Maturity Date:  August 14, 2000.

Interest Rate Basis:  Prime Rate.

Spread:  -275 basis points.

Initial Interest Rate:    The Prime Rate determined one Business Day prior to
the Original Issue Date minus 275 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 August 12, 1999.

                              SALOMON SMITH BARNEY


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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 November 14, February 14, May 14 and August
        14, commencing  November 14, 1999, 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. (the "Corporation")

Trustee, Registrar, Authenticating and Paying Agent:
        Harris Trust & Savings Bank,  under  Indenture dated as of September 24,
        1998 between the Trustee and the Corporation.

<PAGE>



                                  UNDERWRITING

Salomon Smith Barney Inc. (the "Underwriter") is acting as principal in this
transaction.

Subject  to the terms and  conditions  set forth in a Term  Sheet and  Agreement
dated August 9, 1999 (the "Terms  Agreement"),  between the  Corporation and the
Underwriter, incorporating the terms of a Selling Agency Agreement dated May 15,
1996 and  amended  as of March  31,  1999,  among  the  Corporation  and  Lehman
Brothers, Lehman Brothers Inc., Credit Suisse First Boston Corporation, Goldman,
Sachs  & Co.,  Merrill  Lynch  & Co.,  Merrill  Lynch,  Pierce,  Fenner  & Smith
Incorporated,  Morgan  Stanley & Co.  Incorporated,  Salomon  Smith  Barney Inc.
(formerly known as Salomon  Brothers Inc), and Warburg Dillon Read LLC (formerly
known as UBS Securities LLC), (and Chase  Securities Inc.  pursuant to the First
Amendment to the Selling Agency Agreement dated March 31, 1999), the Corporation
has  agreed  to sell to the  Underwriter,  and the  Underwriter  has  agreed  to
purchase, $500,000,000 principal amount of the Notes.

Under the terms  and  conditions  of the Terms  Agreement,  the  Underwriter  is
committed to take and pay for all of the Notes, if any are taken.

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.  The
Underwriter  may effect  such  transactions  by selling  the Notes to or through
dealers,  and such dealers may receive  compensation in the form of underwriting
discounts, concessions or commissions from the Underwriter and/or the purchasers
of the Notes for whom they may act as agent.  In connection with the sale of the
Notes,  the  Underwriter  may be deemed to have received  compensation  from the
Corporation in the form of underwriting discounts,  and the Underwriter may also
receive  commissions  from the  purchasers  of the  Notes for whom it may act as
agent.  The Underwriter and any dealers that participate with the Underwriter in
the  distribution  of the  Notes  may be  deemed  to be  underwriters,  and  any
discounts  or  commissions  received by them and any profit on the resale of the
Notes by them may be deemed to be underwriting discounts or commissions.

        The Notes  are a new issue of  securities  with no  established  trading
market.  The  Corporation  currently  has no  intention to list the Notes on any
securities exchange. The Corporation has been advised by the Underwriter that it
intends  to make a market  in the Notes  but is not  obligated  to do so and may
discontinue  any market making at any time without  notice.  No assurance can be
given as to the liquidity of the trading market for the Notes.

        The Corporation has agreed to indemnify the Underwriter  against certain
liabilities, including liabilities under the Securities Act of 1933, as amended.