HOUSEHOLD FINANCE CORP
424B2, 1996-09-06
PERSONAL CREDIT INSTITUTIONS
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                                    Registration No. 333-02161
                                                Rule 424(b)(2)
 
PRICING SUPPLEMENT No.  48  Dated  September 5, 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:  99.959%

Issue Date:  September 10, 1996    

Stated Maturity:  September 10, 1999 

Redeemable On or After:   Not Applicable

Initial Interest Rate:    To be determined on September 6, 1996.

Interest Rate Basis:      Federal Funds Rate 

Spread or Spread Multiplier:   Plus .32%  (+ 32 bps)

Interest Payment Dates:   On the 10th of March, June, September and
     December, commencing December 10, 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 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:         Prudential Securities

Agent's Discount or Commission:  0.041%

U:\law\tr\mtn\supp.48


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