PRICING SUPPLEMENT NO. 2DATED JANUARY 8, 2002 TOPROSPECTUS DATED AUGUST 9, 2001AND PROSPECTUS SUPPLEMENT DATED DECEMBER 13, 2001 FILED PURSUANT TO RULE 424(b)(3)
REGISTRATION NO. 333-65886

AMERICAN GENERAL FINANCE CORPORATIONMEDIUM-TERM NOTES, SERIES G(FLOATING RATE)DUE NINE MONTHS OR MORE FROM DATE OF ISSUE

Principal Amount:   $300,000,000					Original Issue Date:   January 11, 2002
Agents' Discount or Commission:    $297,000					Stated Maturity:   January 9, 2004
Net Proceeds to Issuer:    $299,703,000					Interest Rate:  3-Month LIBOR +22 bps
Form:			[  x  ] Book Entry [      ] Certificated		CUSIP No.:  02635PRJ4
	The notes are being placed through or purchased by the Agents listed below:
		Wachovia Securities, Inc Banc One Capital Markets, Inc.		$250,000,000 $ 50,000,000	Capacity:  Capacity:	[ x ] Agent [ x ] Agent	[    ] Principal [    ] Principal

  If as Agent:          The notes are being offered at a fixed initial public offering price of 100% of principal amount.

If as Principal :			[     ]		The notes are being offered at varying prices related to prevailing market prices at the time of resale.
			[     ]		The notes are being offered at a fixed initial public offering price of 100% of principal amount.
Initial Interest Rate:				2.06375%
Interest Reset Dates:				11th day of each January, April, July and October, commencing April 11th 2002		INTEREST RATE BASIS OR BASES:
Interest Payment Dates:				Quarterly on the 11th of each January, April, July and October, commencing on April 11th 2002		[    ] [    ]	CD Rate CMT Rate
Regular Record Dates:				15 calendar days prior to each Interest Payment Date			[     ]	CMT Telerate Page 7051
Spread (+/-):  +22 bps							[     ]	CMT Telerate Page 7052
Spread Multiplier:  N/A								[     ]	One-Week Average Yield
Maximum Interest Rate:  N/A								[     ]	One-Month Average Yield
Minimum Interest Rate:  N/A
Index Maturity:  3 month						[    ]	Commercial Paper Rate
						[    ]	Eleventh District Cost of Funds Rate
INTEREST CALCULATION:						[    ]	Federal Funds Rate
[ x  ]	Regular Floating Rate Note:					[ x ]	LIBOR
[     ]	Floating Rate/Fixed Rate Note						[     ]	LIBOR Reuters
		Fixed Rate Commencement Date:					[ x  ]	LIBOR Telerate
		Fixed Interest Rate:				[    ]	Prime Rate
[     ]	Inverse Floating Rate Note					[    ]	Treasury Rate
	Fixed Interest Rate:					[    ]	Other ______________

Redemption Provisions:

[  x   ]
[       ] The notes cannot be redeemed prior to the Stated Maturity.
The notes may be redeemed prior to the Stated Maturity.
Initial Redemption Date:
Initial Redemption Percentage:   ___%
Annual Redemption Percentage Reduction:  ___%

Optional Repayment Provisions:

[  x   ]
[       ] The notes cannot be repaid prior to the Stated Maturity.
The notes can be repaid prior to the Stated Maturity at the option of the holder of the notes.
Optional Repayment Date(s):

Other Provisions: None.

We are offering the notes on a continuing basis through Banc of America Securities LLC, Banc One Capital Markets, Inc., Goldman, Sachs & Co., JPMorgan, Morgan Stanley, Salomon Smith Barney and Wachovia Securities, as agents, each of which has agreed to use its reasonable efforts to solicit offers to purchase notes. We may also accept offers to purchase notes through other agents. See "Plan of Distribution" in the accompanying prospectus supplement. To date, including the notes described by this pricing supplement, we have accepted $600,000,000 aggregate principal amount of offers to purchase notes.

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In December, 2001, we began to manage our leverage of debt to tangible equity to 7.5 to 1. Previously, we managed that leverage to 6.5 to 1. To effect the change, on December 27, 2001, we paid a dividend to our parent in the amount of $245 million.

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Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of the notes or determined if the prospectus, the prospectus supplement or this pricing supplement is truthful or complete. Any representation to the contrary is a criminal offense.