Registration No. 333-02161
Rule 424(b)(2)
PRICING SUPPLEMENT No. 18 Dated May 28, 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: $30,000,000
Price to Public: 100% Proceeds to HFC: 99.9435%
Issue Date: May 31, 1996 Stated Maturity: May 29, 1998
Redeemable On or After: Not Applicable
Initial Interest Rate: To be determined on May 30, 1996
Interest Rate Basis: Federal Funds Rate
Spread or Spread Multiplier: Plus .25% (+ 25 bps) for each day
related to an Interest Payment Date on or prior to May 29,
1997, thereafter plus .15% (+15 bps).
Interest Payment Dates: On the 29th of February, May, August, and
November of each year, commencing August 29, 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 Business Day prior to each
Interest Reset Date.
Interest Reset Date: On each Business Day, except that the
Interest Rate in effect for the two Business Days before an
Interest Payment Date or the Stated Maturity Date shall be the
Interest Rate in effect on the second Business Day prior to
said Interest Payment Date or Stated Maturity Date, as the
case may be.
Index Maturity: Daily
Agent: Merrill Lynch & Co., as principal
Agent's Commission or Discount: .0565%
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