72

                                                                 Exhibit 23






                      CONSENT OF INDEPENDENT AUDITORS




We  consent to the incorporation by reference in the Registration Statement
(Form  S-3 Number 333-28925) of American General Finance Corporation and in
the related Prospectus of our report dated  February 16, 1999, with respect
to the consolidated  financial statements and schedule  of American General
Finance Corporation and subsidiaries  included in this Annual  Report (Form
10-K) for the year ended December 31, 1998.


                                           ERNST & YOUNG, LLP


Indianapolis, Indiana
March 17, 1999