Registration No. 333-47945
Rule 424(b)(2)
PRICING SUPPLEMENT No. 21 Dated July 15, 1998 (To Prospectus
dated April 3, 1998)
$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: 99.917%
Issue Date: July 20, 1998 Stated Maturity: July 20, 2001
Redeemable On or After: Not Applicable
Initial Interest Rate: To be determined on July 17, 1998.
Interest Rate Basis: Federal Funds Rate.
Spread or Spread Multiplier: Plus 0.29% (+ 29 basis points)
Interest Payment Dates: On the 20th of January, April, July and
October of each year, commencing October 20, 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 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: Merrill Lynch & Co., as Principal
Agent's Commission or Discount: .083%
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