FILED PURSUANT TO RULE 424(b)(3)
REGISTRATION NO. 33-55803
PRICING SUPPLEMENT NO. 48
DATED NOVEMBER 30, 1995 TO
PROSPECTUS DATED DECEMBER 14, 1994
AND PROSPECTUS SUPPLEMENT DATED FEBRUARY 13, 1995
AMERICAN GENERAL FINANCE CORPORATION
MEDIUM-TERM NOTES, SERIES D
(FIXED RATE)
DUE NINE MONTHS OR MORE FROM DATE OF ISSUE
DATE OF ISSUE: December 5, 1995 X BOOK-ENTRY NOTES
CERTIFICATED NOTES
PRICE TO PUBLIC: 99.857% CUSIP NO. 02635P JS 3
Per Annum
Principal Amount Maturity Date Interest Rate
$14,000,000 December 5, 2000 6.00%
The aggregate principal amount of this offering is $14,000,000. On November
16, 1995, the Company increased to $800,000,000 from $500,000,000 the
aggregate principal amount of Medium-Term Notes, Series D ("Notes") authorized
to be issued by the Company. To date, including this offering, an aggregate
of $451,000,000 of offers to purchase Notes have been accepted.
The Notes to which this Pricing Supplement relates are being offered through
BA Securities, Inc. as agent for the Company. In this connection, such agent
will receive a commission of .170% of the principal amount thereof. The
Company has agreed to indemnify such agent against and contribute toward
certain liabilities, including liabilities under the Securities Act of 1933.
The Company has agreed to reimburse such agent for certain expenses. Such
agent may engage in transactions with, or perform services for, the Company in
the ordinary course of business.
_____________________________________________
THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND
EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION NOR HAS THE SECURITIES
AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION PASSED UPON THE
ACCURACY OR ADEQUACY OF THIS PRICING SUPPLEMENT, THE PROSPECTUS OR THE
PROSPECTUS SUPPLEMENT. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL
OFFENSE.
<PAGE>
