<PAGE> 1
FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report: June 23, 1997
-------------
HOUSEHOLD FINANCE CORPORATION
-----------------------------
(Exact name of registrant as specified in its charter)
Delaware 1-75 36-1239445
- --------------------------------------------------------------
(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification
incorporation Number)
2700 Sanders Road, Prospect Heights, Illinois 60070
- ---------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 847/564-5000
------------<PAGE>
<PAGE> 2
Item 2. Acquisition or Disposition of Assets
On June 23, 1997, a wholly-owned subsidiary of
Household Finance Corporation (HFC) completed its
previously-announced acquisition of the capital stock
of Transamerica Financial Services Holding Company
(TFS), the branch-based consumer finance subsidiary of
Transamerica Corporation (TA). HFC paid $1.1 billion
for the stock of TFS and repaid approximately $2.76
billion of TFS debt owed to affiliates of TA. HFC
provided the funds used for the acquisition principally
through its operations, affiliated borrowings and
contributions, and borrowings in the United States and
European markets.
Item 7. Financial Statements, Pro Forma Financial Information
and Exhibits
(a) Financial statements of businesses acquired.
Not applicable.
(b) Pro forma financial information.
Not applicable.
(c) Exhibits.
Exhibit Sequentially
No. Description Numbered Page
------- ----------- -------------
2.1 Stock Purchase Agreement by
and among Transamerica
Corporation, Transamerica
Financial Corporation,
Transamerica Financial Services
Holding Company, Household
Acquisition Corp. and Household
International, Inc. dated as of
May 20, 1997. ("P")
2.2 Amendment to Stock Purchase
Agreement by and among Transamerica
Corporation, Transamerica Financial
Corporation, Transamerica Financial
Services Holding Company, Household
Acquisition Corp. and Household
International, Inc. dated as of
June 23, 1997. ("P")<PAGE>
<PAGE> 3
SIGNATURE
Pursuant to the requirement of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
HOUSEHOLD FINANCE CORPORATION
-----------------------------
(Registrant)
By: /s/ John W. Blenke
------------------
John W. Blenke
Assistant Secretary
Dated: July 8, 1997
------------
U:\LAW\EDGAR\F8K697.WP