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                      SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C.  20549




                                   FORM 8-K

                                CURRENT REPORT




                    Pursuant to Section 13 or 15(d) of the
                        Securities Exchange Act of 1934




       Date of Report (Date of earliest event reported):  April 6, 1994



                     AMERICAN GENERAL FINANCE CORPORATION
            (Exact Name of Registrant as Specified in its Charter)



            Indiana                1-6155                35-0416090
         (State or Other      (Commission File         (IRS Employer 
         Jurisdiction of          Number)              Identification
         Incorporation)                                   Number)


            601 N.W. Second Street, Evansville, IN        47708
           (Address of Principal Executive Offices)     (Zip Code)




     Registrant's telephone number, including area code:   (812) 424-8031


                                                                              
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Item 5.     Other Events.

      On April 6, 1994,  a duly authorized Committee  (the "Terms and  Pricing
Committee")  of the Board of Directors of American General Finance Corporation
(the  "Company") increased  from  $500,000,000 to  $550,000,000 the  aggregate
principal  amount of the Company's  Medium-Term Notes, Series  C (the "Notes")
authorized  to be  issued under  the Company's  previously  filed Registration
Statement  on   Form  S-3   (Registration  No. 33-43534)   (the  "Registration
Statement") and the related  Prospectus dated November 1, 1991  and Prospectus
Supplement dated December 10, 1992. 


Item 7.     Financial   Statements,  Pro   Forma  Financial   Information  and
            Exhibits.

      (c)   Exhibits.  The following Exhibits are filed as part of this Report
            and as Exhibits to the Registration Statement:


      Exhibit
      Number                              Description                     

         4              Resolutions of the Terms and Pricing Committee adopted
                        on April  6, 1994 authorizing the  increased aggregate
                        principal   amount  of  the  Notes,  certified  by  an
                        Assistant Secretary of the Company. 

         5              Opinion of  Baker &  Daniels, special counsel  for the
                        Company, as to the legality of the Notes.  









                                   SIGNATURE


            Pursuant to the  requirements of  the Securities  Exchange Act  of
1934, the registrant has duly caused this Report to be signed on its behalf by
the undersigned thereunto duly authorized.  

                                          AMERICAN GENERAL FINANCE CORPORATION



Dated:  April 13, 1994                    By: /S/ LEONARD J. WINIGER
                                              Leonard J. Winiger
                                              Assistant Controller and
                                              Assistant Secretary










                                 EXHIBIT INDEX


                        
            Exhibit
            Number                     Description                       

               4        Resolutions  of the  Terms and  Pricing Committee
                        adopted   on  April   6,  1994   authorizing  the
                        increased  aggregate  principal  amount   of  the
                        Notes, certified by an Assistant Secretary of the
                        Company.

               5        Opinion of  Baker & Daniels,  special counsel for
                        the Company, as to the legality of the Notes.