HOUSEHOLD FINANCE CORP
424B2, 1994-08-09
PERSONAL CREDIT INSTITUTIONS
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                                        Registration No. 33-51451
                                             Rule 424 (b)(2)


PRICING SUPPLEMENT No. 48 Dated August 3, 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:  $1,000,000      

Issue Date:       August 10, 1994  

Stated Maturity:  August 11, 1997    

Redeemable On or After:  Not Applicable

Interest Rate:  6.68% 

Agent:  Merrill Lynch, Pierce, Fenner & Smith Incorporated

Agent's Discount or Commission:  .30% ($3,000)












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