Registration No. 333-45740
Rule 424(b)(2)
PRICING SUPPLEMENT No. 1 Dated October 27, 2000
(To Prospectus dated September 22, 2000)
$10,000,000,000
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: $180,000,000
Price to Public: 100% Proceeds to HFC: 99.942%
Issue Date: November 2, 2000 Stated Maturity: December 2, 2002
Redeemable On or After: Not Applicable
Initial Interest Rate: To be determined on October 31, 2000.
Interest Rate Basis: LIBOR Telerate.
Spread or Spread Multiplier: Plus .26% (+ 26 basis points)
Interest Payment Dates: On the 25th of every month of each year,
commencing November 25, 2000, and the Stated Maturity provided
that November 25, 2002 shall not be an Interest Payment Date and
all interest accrued after October 25, 2002 until Stated Maturity
shall be paid on Stated Maturity. If said day is not a Business
day, such interest payment date shall be postponed to the next
succeeding Business Day except if such day falls in the next
calendar month, such Interest Payment Date will be the
immediately proceeding day that is a Business Day.
Regular Record Date: The date fifteen (15) calendar days (whether or
not a Business Day) prior to each Interest Payment Date.
Interest Reset Date: On each Interest Payment Date, except that the
Interest Rate set on October 25, 2002 will be in effect until Stated
Maturity.
Interest Determination Date: On the Second London Business Day prior
to each Interest Payment Date.
Index Maturity: One month.
Agent: Merrill Lynch & Co. - $150,000,000
Chase Securities, Inc. - $30,000,000
Agent's Discount or Commission: .058%
