PRICING SUPPLEMENT NO. 94-57 Dated January 26, 1995 Rule 424(b)(2)
To Prospectus Supplement Dated December 2, 1994 File No. 33-51833
BENEFICIAL CORPORATION
Medium-Term Notes, Series G
(Book Entry Notes)
Merrill Lynch & Co., Merrill Lynch, Pierce, Fenner & Smith
Incorporated, purchased $100,000,000 principal amount of these
Medium-Term Notes, Series G, maturing on February 3, 1997, at a
principal price of $99,943,750.00 for resale to investors from time to
time at prices based on market conditions at the time of resale.
Floating Rate Notes Due 9 Months or More from Date of Issue
Maturity Date: February 3, 1997 Interest Payment Period:
Quarterly
Interest Rate Basis:
Federal Funds Rate Interest Reset Period:
Daily
Specify Other Base Rate: N/A
Interest Reset Dates:
Index Maturity: N/A Each Business Day (as further
described in the Prospectus
Spread: plus 0.25% Supplement) through and
including the Business Day
Spread Multiplier: N/A next preceding the Maturity
Date.
Maximum Interest Rate: N/A
Settlement Date (Issue) Date:
Minimum Interest Rate: N/A February 2, 1995
Interest Payment Dates: Calculation Agent:
Each February 2, May 2, August 2 BankAmerica National Trust
and November 2 commencing on Company
May 2, 1995, through and
including November 2, 1996 Optional Repayment Date(s):
and at maturity. N/A
Interest Determination Date:
The Business Day next preceding Additional Terms:
the Interest Reset Date. For the purposes of the Notes
contemplated hereunder,
interest payments will
include interest accrued to,
but excluding, the Interest
Payment Date.