HOUSEHOLD FINANCE CORP
424B2, 1994-01-20
PERSONAL CREDIT INSTITUTIONS
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<PAGE> 1
                                    Registration No. 33-51451
                                             Rule 424 (b)(2)

PRICING SUPPLEMENT No. 7 Dated January 12, 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: $50,000,000 

Issue Date: January 20, 1994
 
Stated Maturity: January 20, 1995

Maximum Rate:  Not Applicable    Minimum Rate:  0.00%

Redeemable On:  Not Applicable

Initial Interest Rate:  3.50%

Interest Rate Basis:  Prime Rate 

Spread or Spread Multiplier:  Minus 2.50% (-250 basis points).

Interest Payment Dates:   On the 20th of April, July and October
     1994, 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 Reset Date:  Each Business Day, to but excluding the 
     Stated Maturity, except that the Interest Rate in effect two
     Business Days before an Interest Payment Date or the Stated
     Maturity shall be the Interest Rate to but excluding said
     Interest Payment Date or Stated Maturity Date, as the case
     may be.

Interest Determination Date:  The Business Day preceding each
     Interest Reset Date. 

Index Maturity:  One Business Day.

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

Agent's Discount or Commission:  .04%


SPECIAL PROVISION


Notwithstanding the Prospectus, interest on the Notes will accrue
from, and including, the Issue Date, if interest has not been paid,
or from, and including, the preceding Interest Payment Date, to,
but excluding, the next succeeding Interest Payment Date or the
Stated Maturity, as the case may be.






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