NORWEST FINANCIAL INC
424B2, 1997-11-24
PERSONAL CREDIT INSTITUTIONS
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Pricing Supplement Dated November 20, 1997     Rule 424 (b)(2)
                                               File No. 33-52157
(To Prospectus dated March 1, 1994 and         CUSIP 66938H AE 0
Prospectus Supplement dated November 8, 1994)

NORWEST FINANCIAL, INC.
Senior
Medium Term Notes, Series B
(U.S. $ Fixed Rate)



Trade Date: November 20, 1997      Original Issue Date: November 25, 1997
Principal Amount: $25,000,000.00   Net Proceeds to Issuer: $24,982,750.00
Issue Price:  100%*
Selling Agent's Commission: $17,250.00
Interest Rate:  6.20%
Maturity Date:  February 15, 2001



Form:
 X    Book Entry              Certificated


Redemption:
 X    The Notes cannot be redeemed prior to maturity
      The Notes may be redeemed prior to maturity

Initial Redemption Date:
Initial Redemption Price:                 %
Annual Redemption Price Reduction:        %

Repayment:
 X    The Notes cannot be repaid prior to maturity
      The Notes can be repaid prior to maturity at the option of
      the holder of the Note

Repayment Date:
Repayment Price:                          %


Discount Note:
      Yes          X    No

Total Amount of OID:
Yield to Maturity:
Initial Accrual Period:


Selling Agent or Dealer:  Bear, Stearns & Co. Inc.
   * Bear, Stearns & Co. has purchased the Notes as principal  in
     this  transaction  for resale to one or  more  investors  at
     varying  prices related to prevailing market  conditions  at
     the  time or times of resale as determined by Bear,  Stearns
     & Co. Inc.



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