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EXHIBIT 8
[SIDLEY & AUSTIN LETTERHEAD]
September 13, 2000
Household Finance Corporation
2700 Sanders Road
Prospect Heights, IL 60070
Dear Sirs:
Reference is made to the Registration Statement on Form S-3 filed with the
Securities and Exchange Commission by Household Finance Corporation (the
"Company") on September 13, 2000, (the "Registration Statement") and to the
prospectus (the "Prospectus") included in such Registration Statement relating
to the issuance of up to $10,000,000,000 of Medium Term Notes (the "Notes") and
Warrants to purchase the Notes (the "Warrants").
We are special tax counsel to the Company in connection with the
Prospectus. The statements in the Prospectus under the heading "Certain United
States Federal Income Tax Consequences," 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 and Warrants set forth in the
Prospectus. We hereby consent to the reference to this Firm in the Prospectus
under the headings "Certain United States Federal Income Tax Consequences" and
"Legal Opinions" and to the filing of this opinion as an exhibit to the
Registration Statement.
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
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Sidley & Austin