Registration No. 33-55561
Rule 424 (b)(2)
PRICING SUPPLEMENT No. 11 Dated January 6, 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: $15,000,000
Price to Public: 100% Proceeds to HFC: 100%
Issue Date: January 26, 1995 Stated Maturity: January 26, 1998
Redeemable On or After: Not Applicable
Initial Interest Rate: To be determined.
Interest Rate Basis: See Special Provisions.
Spread or Spread Multiplier: Not applicable.
Interest Payment Dates: On the 26th day of April, July, October
and January of each year, commencing on April 26, 1995, and
the Stated Maturity. If said day is not a Business Day,
payments shall be made on the next succeeding Business Day
(without adjustment for additional interest accrual).
Regular Record Date: 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 last Business Day of the week
preceding each Interest Reset Date.
Interest Reset Date: On the 26th day of April, July, October and
January of each year, commencing on April 26, 1995.
Day Count: Actual/Actual.
Index Maturity: Two years.
Business Day Reference City: New York
Calculation Agent: Salomon Brothers Inc
Agent: Salomon Brothers Inc
SPECIAL PROVISIONS
The Interest Rate Basis shall be the 2-year CMT, determined as
follows:
The 2-year CMT shall be adjusted on each Interest Reset Date.
For each Interest Reset Date, the 2-year CMT shall be that rate set
forth in the Federal Reserve Statistical Release H.15 (519)
opposite the caption "U.S. Government Securities/Treasury Constant
Maturities/2 year" and under the heading for the last Business Day
of the week preceding the applicable Interest Reset Date, as
determined on each reset date or if such day is not a Business Day,
then the next succeeding Business Day. The Federal Reserve Board
Statistical Release is published on the first Business Day of each
week at approximately 3:45 p.m. Until such rate is published, 2-
year CMT shall mean that rate set forth on Telerate Page 7055, or
its successor page (as determined by the Calculation Agent for the
last Business Day of the week preceding the applicable Interest
Reset Date under the caption "2yr". Telerate page 7055 is updated
on the first Business Day of each week at approximately 3:45 p.m.
If the rate, as set forth on Telerate page 7055 differs from the
rate published in the Federal Reserve Statistical Release H.15
(519), then the latter rate will control as the applicable 2-year
CMT. If such rate is no longer published, in the Federal Reserve
Board Statistical Release H.15 (519), then the 2-year CMT for such
Interest Reset Date will be such 2-year Treasury Constant Maturity
Rate (or other 2-year United States Treasury Rate) for the
applicable Determination Date as may then be published by either
the Board of Governors of the Federal Reserve System or the United
States Department of the Treasury that the Calculation Agent
determines to be comparable to the rate formerly displayed on
Telerate Page 7055 and published in the Federal Reserve Board
Statistical Release H.15 (519). If such comparable rate is not
available then the 2-year CMT for the Interest Reset Date will be
calculated by the Calculation Agent and will be a yield to
maturity, based on the arithmetic mean of the secondary market
closing mid-market prices as of approximately 3:30 p.m. (New York
City time) on the Interest Determination Date reported, according
to their written records, by three leading primary United States
Government Securities Dealers (each, a Reference Dealer) in the
City of New York selected by the Calculation Agent, for the most
recently issued direct non callable fixed rate obligation of the
United States (Treasury Note) with an original maturity of
approximately 2 years and a remaining term to maturity of not less
than one year. If the Calculation Agent cannot obtain three such
Treasury Note quotations, the 2-year CMT for such Interest Reset
Date will be calculated by the Calculation Agent and will be a
yield to maturity based on the arithmetic mean of the secondary
market mid-market prices as of approximately 3:30 p.m. (New York
City time) on the Interest Determination Date of three Reference
Dealers in the City of New York (from five such Reference Dealers
selected by the Calculation Agent and eliminating the highest
quotation (or, in the event of equality, one of the highest), and
the lowest quotation (or, in the event of equality, one of the
lowest), for Treasury Notes with an original maturity of greater
than two years and a remaining term to maturity closest to two
years. If two Treasury Notes with an original maturity of greater
than two years and a remaining term to maturity equally close to
two years, the quotes for the Treasury Notes with the shorter
remaining term to maturity will be used. If three or four (and not
five) of such Reference Dealers are quoting as described in this
clause, then the 2-year CMT will be based on the arithmetic mean of
the mid-market prices obtained and neither the highest nor lowest
of such quotes will be eliminated. If fewer than three Reference
Dealers selected by the Calculation Agent are quoting, the 2-year
CMT will be the 2-year CMT in effect on the preceding Interest
Reset Date.
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