Registration No. 33-55561
Rule 424 (b)(2)
PRICING SUPPLEMENT No. 54 Dated February 20, 1996 (To Prospectus
dated September 23, 1994)
$2,500,000,000
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: $30,000,000
Price to Public: 100% Proceeds to HFC: 99.89%
Issue Date: February 23, 1996 Stated Maturity: February 23, 1999
Redeemable On or After: Not Applicable
Initial Interest Rate: To be determined on February 21, 1996.
Interest Rate Basis: LIBOR Telerate.
Spread or Spread Multiplier: Plus .13% (+13 basis points).
Interest Payment Dates: On the 23rd of May, August, November and
February of each year, commencing May 23, 1996, and the Stated
Maturity. If said day is not a Business Day, payments shall
be made on the next succeeding Business Day (with adjustment
for additional interest accrual).
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 Reset Date: On the second London Business Day following
each Interest Determination Date.
Interest Determination Date: On the second London Business Day
prior to each Interest Payment Date.
Index Maturity: Three months.
Agent: Merrill Lynch & Co., as Principal
Agent's Discount or Commission: .11%
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