HOUSEHOLD FINANCE CORP
424B2, 2000-11-27
PERSONAL CREDIT INSTITUTIONS
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Registration No. 333-45740
Rule 424(b)(2)

PRICING SUPPLEMENT No. 7 Dated November 21, 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: $300,000,000

 

Price to Public: 100%

Proceeds to HFC: 99.90%

Issue Date: November 27, 2000

Stated Maturity: December 5, 2002

Redeemable On or After: Not Applicable

 

Initial Interest Rate: To be determined on November 23, 2000.

 

Interest Rate Basis: LIBOR Telerate.

 

Spread or Spread Multiplier: Plus .30% (+ 30 basis points)

 

Interest Payment Dates: On the 5th of March, June, September and December of each year, commencing March 5, 2001, and the 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 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. - $200,000,000
Morgan Stanley Dean Witter - $100,000,000

Agent's Discount or Commission: .10%



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