HOUSEHOLD FINANCE CORP
424B2, 1996-09-30
PERSONAL CREDIT INSTITUTIONS
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                                    Registration No. 333-02161
                                    Rule 424 (b)(2)

PRICING SUPPLEMENT No. 54 Dated September 27, 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:         $15,000,000

Price to Public:          100% - subject to prevailing market
                            conditions. 

Proceeds to HFC:           99%    

Issue Date:               October 17, 1996    

Stated Maturity:          October 17, 2006

Redeemable On or After:   Redeemable at the Issuer's option at par
     in whole beginning October 17, 2000 or on the Interest Payment
     Dates each April or October thereafter up to but not including
     the Stated Maturity.

Redemption Notice:        Thirty days prior to redemption.

Interest Rate:            Years 1-4      7.00%
                          Year  5        7.25%
                          Year  6        7.50%
                          Year  7        7.75%
                          Year  8        8.00%
                          Year  9        8.25%
                          Year 10        8.50%

Interest Payment Dates:  On the 17th of each month, commencing 
     November 17, 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.

Agent:  Dean Witter Reynolds Inc., as Principal
     
Agent's Discount or Commission:  1.00%

U:\LAW\TR\MTN\SUPP.54


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