PRICING SUPPLEMENT NO. 97-20 Dated December 10, 1997 Rule 424(b)(2)
To Prospectus Supplement Dated July 25, 1997 File No. 333-30543
BENEFICIAL CORPORATION
Medium-Term Notes, Series I
(Book Entry Notes)
Chase Securities Inc. purchased $100,000,000 principal amount of these
Medium-Term Notes, Series I, maturing on May 17, 1999, at a principal
price of $100,000,000.00 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: May 17, 1999 Initial Interest Rate:
Determined as if the Settlement
CUSIP Number: 08172M HJ8 Date was an Interest Reset Date.
Interest Rate Basis: Interest Reset Dates:
LIBOR Same as Interest Payment Dates
Specify Other Base Rate: N/A Settlement Date (Issue Date):
December 15, 1997
Index Maturity: 3-month
Calculation Agent:
Spread: None The Chase Manhattan Bank
Spread Multiplier: N/A Optional Repayment Date(s):
N/A
Maximum Interest Rate: N/A
Additional Terms:
Minimum Interest Rate: N/A For the purposes of the Notes
contemplated hereunder, interest
Interest Payment Dates: payments will include interest
The 17th day of each March, June, accrued to, but excluding, the
September, and December commencing Interest Payment Date.
on March 17, 1998 through and
including the Maturity Date.
