HOUSEHOLD FINANCE CORP
424B2, 1994-08-12
PERSONAL CREDIT INSTITUTIONS
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                                         Registration No. 33-51451
                                             Rule 424 (b)(2)

PRICING SUPPLEMENT No. 49 Dated August 8, 1994 (To Prospectus dated
December 30, 1993)

                         $2,000,000,000

     H O U S E H O L D  F I N A N C E  C O R P O R A T I O N

                        Medium Term Notes

           Due Nine Months or More from Date of Issue
                 ______________________________

Principal Amount: $25,000,000 

Issue Date: August 15, 1994      Stated Maturity: August 15, 1996

Maximum Rate:  Not Applicable    Minimum Rate:    0.00%

Redeemable On:  Not Applicable

Initial Interest Rate:   4.79%

Interest Rate Basis:  Treasury Rate  

Spread or Spread Multiplier:  Plus .25% (+25 basis points).

Interest Payment Dates:   On the 15th day of February, May, August
     and November and the Stated Maturity.

Record Dates:  The date fifteen (15) calendar days (whether or not
     a Business Day) prior to each Interest Payment Date or the
     Stated Maturity, as the case may be.

Interest Determination Date and Interest Reset Date:  Weekly, on
     each Tuesday (or the day following the auction) based on the
     prior day's auction results, except that the Interest Rate in
     effect two Business Days prior to an Interest Payment Date or
     the Stated Maturity shall be the Interest Rate, to but
     excluding, such Interest Payment Date or the Stated Maturity,
     as the case may be. 

Index Maturity:  Three months.

Calculation Agent:  Merrill Lynch, Pierce, Fenner & Smith
     Incorporated. 

Agent's Discount or Commission:  .10%

Day Count Standard:  Actual/Actual.

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