HOUSEHOLD FINANCE $150 MILLION NOTES RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --
HOUSEHOLD FINANCE $150 MILLION NOTES RATED 'A+' BY FITCH
-- FITCH FINANCIAL WIRE --
NEW YORK, Feb. 28 /PRNewswire/ -- Household Finance Corp.'s $150 million 7.5 percent notes due March 15, 1997, are rated 'A+' by Fitch. The rating reflects stronger reserves and an expected easing of earnings pressure following Household's exit of certain commercial business lines and non-U.S. markets last month. Household's consumer business remains healthy. Once economic conditions in the U.S. and Canada begin to improve, better profitability is expected.
/CONTACT: Nancy E. Stroker, 212-908-0533 of Fitch/ CO: Household Finance Corp. ST: Illinois IN: FIN SU: RTG SB -- NY059 -- 3832 02/28/92 15:34 EST