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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:                     November 8, 1995
      Date of earliest event reported:    November 6, 1995



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



            Indiana                1-6155                35-0416090
         (State or Other      (Commission File       (IRS Employer 
         Jurisdiction of          Number)                Identification
         Incorporation)                                   No.)


            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.

      The board of directors of American General Finance has elected Frederick
W. "Rick"  Geissinger as  chairman and  CEO.   Mr. Geissinger  succeeds Daniel
Leitch III.  Mr. Leitch has not announced his future plans.

      Geissinger, 50, joined American General as president of American General
Land Development, Inc. in 1994.  Most recently, he served as president and CEO
of American General Mortgage and  Land Development, Inc., with  responsibility
for managing  both a  $3.3  billion mortgage  loan portfolio  and  one of  the
nation's largest  residential land  development operations.   Geissinger began
his  financial services career  with Chase Manhattan  Bank where he  served 21
years  in  a  variety  of  domestic  and  international  management  positions
including:  director -  corporate  planning, chief  lending  officer of  Chase
Manhattan Bank - Japan, and chief of staff of the Western Hemisphere Area.  He
also  served as director - financial planning  and was senior vice president -
real estate investment banking for over five years.  Prior to joining American
General,  he served  as  executive vice  president  of a  New  York City-based
investment banking firm.

      Geissinger, a native of Huntingdon, Pennsylvania, received his B.A. from
Dartmouth College in  1967 and his  M.B.A. from the  University of Chicago  in
1969.  He is a NASD registered representative and registered principal.

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                                   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 8, 1995                 By: /S/ JAMES L.  GLEAVES           
                                              James L. Gleaves
                                              Assistant Treasurer




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