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HOUSEHOLD FINANCE $100 MILLION 7.25 PERCENT PREFERRED RATED 'A' BY FITCH -- FITCH FINANCIAL WIRE --

HOUSEHOLD FINANCE $100 MILLION 7.25 PERCENT PREFERRED RATED 'A' BY FITCH
 -- FITCH FINANCIAL WIRE --
 NEW YORK, July 1 /PRNewswire/ -- Household Finance Corp.'s $100 million 7.25 percent preferred stock is rated "A" by Fitch. The preferred is redeemable on Aug. 15, 1997. The rating reflects an expected easing of earnings pressure for Household, which announced its planned exit of certain commercial business lines earlier this year. Household's consumer business remains healthy. Once economic conditions in the U.S. and Canada begin to improve, better profitability is expected.
 -0- 7/1/92
 /CONTACT: Nancy E. Stroker, 212-908-0533 or Valerie Gerard, 212-908-0577, both of Fitch/ CO: Household Finance Corp. ST: IN: FIN SU: RTG


SH -- NY053 -- 5615 07/01/92 10:56 EDT
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Publication:PR Newswire
Date:Jul 1, 1992
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