Registration No. 333-02161
Rule 424 (b)(2)
PRICING SUPPLEMENT No. 38 Dated July 29, 1996 (To Prospectus dated
April 10, 1996)
$3,000,000,000
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: $10,000,000
Price to Public: 100% - subject to prevailing market conditions.
Proceeds to HFC: 98.35%
Issue Date: August 15, 1996
Stated Maturity: August 15, 2006
Redeemable On or After: Redeemable, in whole, semi-annually at the
option of HFC on the Interest Payment Dates in February and
August of each year, beginning August 15, 1999, at a price
equal to 100 % of the principal amount, plus accrued and
unpaid interest to the date of redemption.
Redemption Notice: Thirty days prior to redemption.
Interest Rate: 7.52%
Interest Payment Dates: On the 15th of each month commencing on
September 15, 1996 up to and including the Stated Maturity or
such date of earlier redemption. 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.
Agent: Merrill Lynch & Co., as Principal
Agent's Discount or Commission: 1.65%
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