Registration No. 33-55561
                                             Rule 424 (b)(2)


PRICING SUPPLEMENT No. 38 Dated June 14, 1995 (To Prospectus dated
September 23, 1994)

                         $2,500,000,000

     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          

Issue Date:        June 19, 1995   

Stated Maturity:   June 19, 1998    

Remeemable on or After:  Not applicable.

Interest Rate:     6.13% 

Agent:             Merrill Lynch & Co.

Agent's Discount or Commission:  .30% 










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