HOUSEHOLD FINANCE CORP
424B2, 1997-05-23
PERSONAL CREDIT INSTITUTIONS
Previous: HARTE HANKS COMMUNICATIONS INC, 8-K, 1997-05-23
Next: HOUSEHOLD FINANCE CORP, 8-K, 1997-05-23



                                   Registration No. 333-14459
                                               Rule 424(b)(2)
 
PRICING SUPPLEMENT No.  5  Dated May 22, 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:   $50,000,000

Price to Public:    100%          Proceeds to HFC:  100%

Issue Date:    May 28, 1997       Stated Maturity:  May 28, 1998

Redeemable On or After:  Not Applicable

Initial Interest Rate:   To be determined on May 23, 1997.

Interest Rate Basis:     Prime Rate.

Spread or Spread Multiplier:  Minus 2.78%  (- 278 basis points)

Interest Payment Dates:  On the 28th of February, May, August and
     November, commencing August 28, 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.

O:\TR\MTN\SUPP.5


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission