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                                                                    EXHIBIT 23.3


INDEPENDENT AUDITOR'S CONSENT

We consent to the incorporation by reference in this Registration Statement of
United Companies Financial Corporation on Form S-3 of our report dated February
28, 1995 (May 1 as to Note 13 and Item 14, Schedules V and VI) (which expresses
an unqualified opinion and includes an explanatory paragraph relating to the
Company's plan to dispose of United General Title Insurance Company, a
wholly-owned subsidiary of the Company), appearing in and incorporated by
reference in the Annual Report on Form 10-K/A-1 of United Companies Financial
Corporation for the year ended December 31, 1994, and to the reference to us
under the headings "Selected Financial and Other Data" and "Experts" in the
Prospectus, which is part of this Registration Statement.


/s/ Deloitte & Touche LLP

Baton Rouge, Louisiana
June 19, 1995