EXHIBIT 23(b)


                         CONSENT OF INDEPENDENT AUDITORS

         We consent to the references to our firm under the captions "Selected
Financial Information" and "Experts" in the Registration Statement (Form S-3)
and related Prospectus of American General Finance Corporation for the
registration of $5,750,000,000 proposed maximum aggregate offering price of Debt
Securities and to the incorporation by reference therein of our report dated
January 31, 2002, with respect to the consolidated financial statements and
schedule of American General Finance Corporation included in its Annual Report
(Form 10-K) for the year ended December 31, 2001, filed with the Securities and
Exchange Commission.

                                ERNST & YOUNG LLP

Indianapolis, Indiana
October 2, 2002