FILED PURSUANT TO RULE 424(b)(3)
REGISTRATION NO. 333-28925
PRICING SUPPLEMENT NO. 17
DATED DECEMBER 29, 1997 TO
PROSPECTUS DATED JULY 2, 1997
AND PROSPECTUS SUPPLEMENT DATED AUGUST 5, 1997
AMERICAN GENERAL FINANCE CORPORATION
MEDIUM-TERM NOTES, SERIES E
(FIXED RATE)
DUE NINE MONTHS OR MORE FROM DATE OF ISSUE
Principal Amount: $5,000,000
Date of Issue: December 30, 1997
Agent's Discount or Commission: $0
Maturity Date: December 30, 1999
Net Proceeds to Issuer: $5,000,000
Interest Rate: 6.098%
Form: [ X ] Book-Entry Cusip No.: 02635PLV3
[ ] Certificated
Agent: American General Securities Incorporated
Capacity: [ X ] Agent
[ ] Principal
If as Agent: The Notes are being offered at a fixed initial
public offering price of 100% of Principal Amount.
If as Principal:
[ ] The Notes are being offered at varying prices related
to prevailing market prices at the time of resale.
[ ] The Notes are being offered at a fixed initial public
offering price of % of Principal Amount.
Medium-Term Notes, Series E ("Notes"), may be issued by the
Company in the aggregate principal amount of up to
$1,000,000,000. To date, including this offering, an
aggregate of $268,800,000 of offers to purchase the Notes
have been accepted.
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.
A:\PSUPP17.DOS