HOUSEHOLD FINANCE CORP
424B2, 1996-05-20
PERSONAL CREDIT INSTITUTIONS
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                                    Registration No. 333-02161
                                                Rule 424(b)(2)

 
PRICING SUPPLEMENT No.  7  Dated  May 17, 1996 (To Prospectus dated
April 10, 1996)

                          $3,000,000,000
                  HOUSEHOLD  FINANCE  CORPORATION
                         Medium Term Notes
            Due Nine Months or More from Date of Issue


Principal Amount:    $100,000,000

Price to Public:     100%             Proceeds to HFC:   100%

Issue Date:    May 22, 1996    Stated Maturity:  May 22, 1997 

Redeemable On or After:   Not Applicable

Initial Interest Rate:    To be determined on  May 20, 1996

Interest Rate Basis:      Federal Funds Rate

Spread or Spread Multiplier:   Plus .31%  (+ 31 bps)

Interest Payment Dates:   On the 21st of each month, commencing June
     21, 1996 and the Stated Maturity. If said day is not a
     Business Day, payments shall be made on the next succeeding
     Business Day.

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 second Business Day prior to
     each Interest Reset Date.

Interest Reset Date:      On each Business Day, except that the 
     Interest Rate in effect for the two Business Days before an
     Interest Payment Date or the Stated Maturity Date shall be the
     Interest Rate in effect on the second Business Day prior to
     said Interest Payment Date or Stated Maturity Date, as the
     case may be.

Index Maturity:      Daily

Agent:               Not applicable.

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