HOUSEHOLD FINANCE CORP
424B2, 1996-05-29
PERSONAL CREDIT INSTITUTIONS
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                                         Registration No. 333-02161
                                                     Rule 424(b)(2)

 
PRICING SUPPLEMENT No.  20 Dated  May 29, 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:   99.783%

Issue Date:    June 3, 1996    Stated Maturity:  June 4, 2001 

Redeemable On or After:   Not Applicable

Initial Interest Rate:    To be determined on May 30, 1996.

Interest Rate Basis:      LIBOR Telerate

Spread or Spread Multiplier:   Plus .18%  (+ 18 bps)

Interest Payment Dates:   On the 4th of March, June, September and
     December of each year commencing September 4, 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 the second Business Day following each
     Interest Determination Date.

Index Maturity:      Three months.

Business Day Reference City:   New York

Agent:    UBS Securities LLC

Agent's Discount or Commission:     0.217%

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