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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): November 16, 1995



                     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  November  16,  1995,   American  General  Finance  Corporation  (the
"Company") increased from $500,000,000 to $800,000,000 the aggregate principal
amount of the Company's  Medium-Term Notes, Series D (the  "Notes") authorized
to  be issued under the  Company's previously filed  Registration Statement on
Form S-3  (Registration No. 33-55803)  (the "Registration Statement")  and the
related Prospectus  dated December  14, 1994  and Prospectus  Supplement dated
February 13, 1995. 


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   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: November 16, 1995            By: /S/ GEORGE W. SCHMIDT
                                    Controller and Assistant Secretary








                                 EXHIBIT INDEX


                        
            Exhibit
            Number                       Description                     

                        

               4        Resolutions  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.