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 September 16, 1996
HOUSEHOLD CREDIT CARD MASTER TRUST I
(Exact name of registrant as specified in Department of the
Treasury, Internal Revenue Service Form SS-4)
HOUSEHOLD FINANCE CORPORATION
(Servicer of the Trust)
(Exact name as specified in Servicer's charter)
Delaware 33-97296 Not Applicable
(State or other juris- (Commission File Number (IRS Employer
diction of incorporation of Registrant) Identification
of Master Servicer) Number of
Registrant)
2700 Sanders Road, Prospect Heights, Illinois 60070
(Address of principal executive offices of (Zip Code)
Master Servicer)
Servicer's telephone number, including area code 847/564-5000
Exhibit Index appears on page 3 <PAGE>
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
99(a) Monthly Servicing Report to Trustee dated
September 16, 1996 pursuant to Section
3.04(b) of the Pooling and Servicing
Agreement dated as of December 1, 1995 (the
"Pooling and Servicing Agreement") among
Household Card Funding Corporation, as
Transferor, Household Finance Corporation, as
Servicer, and The Bank of New York, as
Trustee, with respect to the Class A and
Class B Credit Card Participation
Certificates, Series 1995-1.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act
of 1934, the Servicer has duly caused this report to be signed on
behalf of the Private Label Credit Card Master Trust II by the
undersigned hereunto duly authorized.
HOUSEHOLD FINANCE CORPORATION,
as Servicer of and on behalf of the
HOUSEHOLD CREDIT CARD MASTER TRUST I
(Registrant)
By: /s/ J. W. Blenke
J. W. Blenke, Authorized Representative
Dated: September 25, 1996
- 2 -<PAGE>
EXHIBIT INDEX
Exhibit
Number Exhibit Page
4
99(a) Monthly Servicing Report to Trustee dated September 16, 1996
pursuant to Section 3.04(b) of the Pooling and Servicing
Agreement dated as of December 1, 1995 (the "Pooling and
Servicing Agreement") among Household Card Funding
Corporation, as Transferor, Household Finance Corporation,
as Servicer, and The Bank of New York, as Trustee, with
respect to the Class A and Class B Credit Card Participation
Certificates, Series 1995-1.
- 3 -
Household Finance Corporation
Household Card Funding Corp. August 1996
"Household Credit Card Master Trust I , Series 1995-1"
"Sep 16, 1996"
CLASS B CERTIFICATEHOLDER'S STATEMENT
A. Information Regarding Distributions
"1. Total distribution per $1,000 interest"
$5.130560000
"2. Principal distribution per $1,000 interest"
$0.00
"3. Interest distribution per $1,000 interest"
$5.130560000
B. Calculation of Class B Interest
1. Calculation of Class B Certificate Rate
(a) One-month LIBOR 5.421880000%
(b) Spread 0.3500%
(c) Class B Certificate Rate 5.771880000%
2. Beginning Invested Amount
"$214,286,000.00 "
3. Days in Interest Period 32
C. Performance of Trust
1. Collections of Receivables
(a) Total Collections "$294,972,163.54
"
(b) Collections of Finance Charge and Administrative
Receivables "$47,194,194.68 "
(c) Collections of Principal
"$247,777,968.86 "
2. Allocation of Receivables
(a) Class B Invested Percentage 10.71%
(b) Principal Allocation Percentage
84.62%
3. Delinquent Balances
(a) Delinquent 5 - 29 days
"$182,843,739.26 "
5.68%
(b) Delinquent 30 - 59 days
"$59,551,400.37 "
1.85%
(c) Delinquent 60+ days "$96,700,261.94
"
3.01%
4. Class B Investor Default Amount
"$1,221,578.79 "
5. Class B Investor Charge-offs; Reimbursement of
Charge-offs
"(a) Class B Investor Charge-offs, if any, for the
Distribution Date" $0.00
"(b) The amount of Item 5.(a) per $1,000 interest"
$0.00
(c) Total reimbursed to Trust in respect of Class B
Investor Charge-offs $0.00
"(d) The amount of Item 5.(c) per $1,000 interest"
$0.00
"(e) The amount, if any, by which the outstanding
principal balance of the " $0.00
Class B Certificates exceeds the Class B
Invested Amount as of
the end of the Distribution Date
6. Available Cash Collateral Amount
(a) Available Cash Collateral Amount at the end of the
Distribution Date $0.00
(b) Available Cash Collateral Amount as a percent of the
Class B 0.00%
" Invested Amount, each at the end of the
Distribution Date"
7. Available Collateral Invested Amount
"$285,714,000.00 "
8. Deficit Controlled Amortization Amount for the Distribution
Date $0.00
D. Class B Pool Factor 1.00000000
E. Receivables Balances
1. Principal Receivables as of the last day of the preceding
Due Period "$3,217,293,170.08 "
2. Finance Charge and Administrative Receivables as of the
last day "$49,930,008.50 "
of the preceding Due Period
