Registration No. 333-14459
Rule 424(b)(2)
PRICING SUPPLEMENT No. 1 Dated April 30, 1997 (To Prospectus
dated November 18, 1996)
$3,000,000,000
HOUSEHOLD FINANCE CORPORATION
Medium Term Notes
Due Nine Months or More from Date of Issue
Principal Amount: $18,000,000
Price to Public: 100% Proceeds to HFC: 100%
Issue Date: May 7, 1997 Stated Maturity: May 7, 1998
Redeemable On or After: Not Applicable
Initial Interest Rate: To be determined on May 5, 1997.
Interest Rate Basis: Prime Rate.
Spread or Spread Multiplier: Minus 2.78% (- 278 basis points)
Interest Payment Dates: On the 7th of February, May, August and
November, commencing August 7, 1997, 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: Not Applicable.
Agent's Commission or Discount: Not Applicable.
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