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:               December 20, 2000                                                    

       HOUSEHOLD HOME EQUITY LOAN TRUST 1996-1       
(Exact name of registrant as specified in its charter)

                     HOUSEHOLD FINANCE CORPORATION                       
(Administrator of the Trust)
(Exact name as specified in Administrators charter)

(State or other jurisdiction of incorporation of Administrator)

(Commission File Number of Registrant)

Not Applicable
(IRS Employer Identification Number of Registrant)

   2700 Sanders Road, Prospect Heights, Illinois                        
(Address of principal executive offices of Administrator)

      60070        
(Zip Code)

Administrators telephone number, including area code 847/564-5000

- Page 1 -

Item 7.     FINANCIAL STATEMENTS AND EXHIBITS

Exhibit
Number

Exhibit

99

Monthly Servicing Report to Trustee dated December 20, 2000 pursuant to Section 3.04(b) of the Pooling and Servicing Agreement dated as of May 1, 1996 (the "Pooling and Servicing Agreement") among HFC Revolving Corporation, as Seller, Household Finance Corporation, as Servicer, and First National Bank of Chicago, as Trustee, with respect to the Class A Certificates, Series 1996-1.

SIGNATURE

    Pursuant to the requirements of the Securities Exchange Act of 1934, the Administrator has duly caused this report to be signed on behalf of the undersigned hereunto duly authorized.

HOUSEHOLD FINANCE CORPORATION,
as Administrator of and on behalf of the
HOUSEHOLD HOME EQUITY LOAN TRUST 1996-1
            (Registrant)

By:  /s/ J. W. Blenke                                                  
       J. W. Blenke
       Authorized Representative

Dated: December 29, 2000

- Page 2 -

EXHIBIT INDEX

Exhibit
Number   

Exhibit

99

Monthly Servicing Report to Trustee dated December 20, 2000 pursuant to Section 3.04(b) of the Pooling and Servicing Agreement dated as of May 1, 1996 (the "Pooling and Servicing Agreement") among HFC Revolving Corporation, as Seller, Household Finance Corporation, as Servicer, and First National Bank of Chicago, as Trustee, with respect to the Class A Certificates, Series 1996-1.

- Page 3 -