Registration No. 333-47945
Rule 424 (b)(2)
PRICING SUPPLEMENT No. 1 Dated April 30, 1998 (To Prospectus dated
April 3, 1998)
$3,000,000,000
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: $308,000,000
Price to Public: 100% Proceeds to HFC: 99.917%
Issue Date: May 5, 1998
Stated Maturity: May 4, 2001
Redeemable On or After: Not Applicable.
Initial Interest Rate: To be determined on April 30, 1998.
Interest Rate Basis: LIBOR Telerate.
Spread or Spread Multiplier: Plus .10% (+ 10 basis points).
Interest Payment Dates: On the 4th day of February, May, August
and November of each year, commencing August 4, 1998, 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 Reset Date: On each Interest Payment Date.
Interest Determination Date: On the second London Business Day
prior to each Interest Payment Date.
Index Maturity: Three months.
Agent: Merrill Lynch & Co. -- $100,000,000
Morgan Stanley & Co. Incorporated -- $100,000,000
UBS Securities LLC -- $108,000,000
Agent's Discount or Commission: .083%
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