HOUSEHOLD FINANCE CORP
424B2, 1994-10-18
PERSONAL CREDIT INSTITUTIONS
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                                        Registration No. 33-51451
                                             Rule 424 (b)(2)

PRICING SUPPLEMENT No. 56 Dated October 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:  $10,000,000          

Price to Public:   100%       Proceeds to HFC:  99.85%

Issue Date:       October 19, 1994 

Stated Maturity:  October 20, 1997    

Redeemable On or After:  Not Applicable

Interest Rate:  TBA October 17, 1994

Interest Rate Basis:  LIBOR - Telerate

Spread or Spread Multiplier:  Plus .125% (+12.5 basis points).

Interest Payment Dates:  On the 20th of January, April, July and
     October commencing January 20, 1995, and the Stated Maturity. 
     If said day is not a Business Day payments shall be made on
     the next succeeding Business Day.

Regular 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:  On the second London Business Day 
     prior to each Interest Payment Date.

Interest Reset Date:  On each Interest Payment Date.

Index Maturity:  Three (3) months.

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

Agent's Discount or Commission:  .15%

u:\LAW\TR\MTN\VAV-SUPP.056








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