HOUSEHOLD FINANCE CORP
424B2, 1994-06-30
PERSONAL CREDIT INSTITUTIONS
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                                         Registration No. 33-51451
                                             Rule 424 (b)(2)

PRICING SUPPLEMENT No. 31 Dated June 24, 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: July 5, 1994
 
Stated Maturity: July 5, 1996

Maximum Rate:  Not Applicable    Minimum Rate:  0.00%

Redeemable On:  Not Applicable

Initial Interest Rate:  TBA July 1, 1994

Interest Rate Basis: LIBOR

Spread or Spread Multiplier:  Plus .10% (+10 basis points).

Interest Payment Dates:   On the 5th of October, January, April
     July, 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:  On the second
     Business Day prior to each Interest Payment Date.

Index Maturity:  Three month.

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

Agent's Discount or Commission:  .10%

Business Day Reference City:  London only.

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