HOUSEHOLD FINANCE CORP
424B2, 1994-09-14
PERSONAL CREDIT INSTITUTIONS
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                                        Registration No. 33-51451
                                             Rule 424 (b)(2)

PRICING SUPPLEMENT No. 54 Dated September 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       

Price to Public:      100%         

Proceeds to HFC:      99.85%

Issue Date:           September 15, 1994 

Stated Maturity:      September 15, 1997

Interest Rate:        TBA September 13, 1994

Redeemable on:        Not Applicable

Interest Rate Basis:  LIBOR Telerate

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

Interest Payment Dates:  On the 15th day of December, March, June
               and September and on the Stated Maturity.    

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 and Interest Reset Date:  On the 
     second Business Day prior to each Interest Payment Date.

Index Maturity:  Three (3) months

Calculation Agent:  HFC

Business Day Reference City:  New York and London

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