HOUSEHOLD FINANCE CORP
8-K, 1998-11-17
PERSONAL CREDIT INSTITUTIONS
Previous: HOMASOTE CO, NT 10-Q, 1998-11-17
Next: EQUITY GROWTH SYSTEMS INC /DE/, NT 10-Q, 1998-11-17



<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:  November 16, 1998
                                      -----------------

                 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 5.  Other Events

Household Finance Corporation has filed a Prospectus Supplement
(the "Prospectus Supplement") dated November 9, 1998 to a
Prospectus dated September 3, 1998 (Registration Statement No.
333-60543) in connection with the offering of $1,000,000,000
6 1/2% Notes due November 15, 2008.  Exhibit 8 of this Form 8-K
is a legal opinion of Sidley & Austin confirming that the
statements made in the Prospectus Supplement under the captions
"Certain United States Tax Documentation Requirements" and
"United States Taxation of Non-United States Persons" are correct
as of this date.  The consent of Sidley & Austin to the reference
to the firm in the Prospectus Supplement is included in such
opinion.

Item 7.  Financial Statements and Exhibits

         (a)  Financial statements of business acquired.

              Not applicable.

         (b)  Pro forma financial information.

              Not applicable.

         (c)  Exhibits.

              Exhibit No.              Description

              8              Legal opinion of Sidley & Austin

              23.1           Consent of Sidley & Austin
                             (contained in Exhibit 8)  


                            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:  November 16, 1998

z:\law\edgar\f8k1198.wp

                                             Exhibits 8 and 23.1




Sidley & Austin Letterhead


November 16, 1998



Household Finance Corporation
2700 Sanders Road
Prospect Heights, IL  60070

Dear Sir or Madam:

     We have acted as special tax counsel to Household Finance
Corporation (the "Company") in connection with the issuance of up
to $1,000,000,000 of 6 1/2% Notes Due November 15, 2008 (the
"Notes"), as described in the prospectus dated as of September 3,
1998 (the "Prospectus") as supplemented by the prospectus
supplement dated November 9, 1998 (the "Supplement").

     The statements in the Supplement under the heading "Certain
United States Tax Documentation Requirements" and "United States
Taxation of Non-United States Persons", to the extent they
constitute matters of federal tax law or legal conclusions with
respect thereto, have been prepared or reviewed by us and, in our
opinion, are correct in all material respects.  In rendering this
opinion, we have relied without independent investigation on the
description of the Notes set forth in the Prospectus, as
supplemented by the Supplement.  We hereby consent to the
reference to this firm in the Supplement under the headings
"United States Taxation of Non-United States Persons", and "Legal
Opinions".

     We assume no obligation to update or supplement this letter
to reflect any facts or circumstances which may hereafter come to
our attention with respect to the opinion expressed above,
including any changes in applicable law which may hereafter
occur.

                                   Very truly yours,

                                   /s/ Sidley & Austin


z:\law\edgar\f8kx1198.wp


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