Registration No. 333-02161
Rule 424(b)(2)
PRICING SUPPLEMENT No. 16 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: $50,000,000
Price to Public: 100% Proceeds to HFC: 100%
Issue Date: May 30, 1996 Stated Maturity: May 28, 1997
Redeemable On or After: Not Applicable
Initial Interest Rate: 5.472190%
Interest Rate Basis: LIBOR Telerate
Spread or Spread Multiplier: Minus .02% (- 2 bps)
Interest Payment Dates: On the 28th of February, May, August, and
November commencing August 28, 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: Not applicable.
Settlement: DTC #2740 -- $25,000,000
DTC #2740 -- $25,000,000
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