HOUSEHOLD FINANCE CORP
424B2, 1996-08-09
PERSONAL CREDIT INSTITUTIONS
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                                         Registration No. 333-02161
                                                     Rule 424(b)(2)

 
PRICING SUPPLEMENT No.  42 Dated  August 9, 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:    $25,000,000

Price to Public:     100%        Proceeds to HFC:   99.893%

Issue Date:    August 14, 1996  Stated Maturity:  August 14, 2000 

Redeemable On or After:   Not Applicable

Initial Interest Rate:    To be determined on August 12, 1996.

Interest Rate Basis:      LIBOR Telerate

Spread or Spread Multiplier:   Plus .14%  (+ 14 basis points)

Interest Payment Dates:   On the 14th of February, May, August and
     November commencing November 14, 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 Payment Date.

Interest Reset Date:  On each Interest Payment Date.

Index Maturity:  Three months.

Agent:    Lehman Brothers, Inc.

Agent's Discount or Commission:     0.107%

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