HOUSEHOLD FINANCE CORP
424B2, 1996-09-16
PERSONAL CREDIT INSTITUTIONS
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                                    Registration No. 333-02161
                                    Rule 424 (b)(2)

PRICING SUPPLEMENT No. 49 Dated September 13, 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:         $50,000,000

Price to Public:          100% 

Proceeds to HFC:          100%    

Issue Date:               September 18, 1996    

Stated Maturity:          September 18, 2001

Redeemable On or After:   Redeemable, in whole, semi-annually at the
     option of HFC on the Interest Payment Dates beginning
     September 18, 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.

Fixed Interest Rate:      7%               

Interest Payment Dates:  On the 18th of March and September of each
     year commencing on March 18, 1997 up to and including 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:  Morgan Stanley & Co. Incorporated
     
Agent's Discount or Commission:  Not applicable.


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