FILED PURSUANT TO RULE 424(b)(3)
REGISTRATION NO. 33-55803
PRICING SUPPLEMENT NO. 70, AS AMENDED
DATED JUNE 18, 1997 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: June 19, 1997 X BOOK-ENTRY NOTES
CERTIFICATED NOTES
CUSIP NO. 02635P KP7
Per Annum
Principal Amount Maturity Date Interest Rate
$10,000,000 June 19, 2000 6.49%
The aggregate principal amount of this offering is
$10,000,000. 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 $686,000,000 of offers to purchase Notes have
been accepted.
On June 18, 1997, Moody's Investors Service, Inc. announced
that it had lowered the senior unsecured debt rating of the
Company to A2 from A1.
_____________________________________________
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.
