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<CAPTION>
Household Consumer Loan Trust, Series 1997-1
Deposit Trust Calculations
Previous Due Period Ending Jul 31, 2000
Current Due Period Ending Aug 31, 2000
Prior Distribution Date Aug 14, 2000
Distribution Date Sep 14, 2000
<S> <C>
Beginning Trust Principal Receivables 3,929,360,472.76
Average Principal Receivables 3,929,064,488.82
FC&A Collections (Includes Recoveries) 67,400,602.73
Principal Collections 117,953,258.04
Additional Balances 50,984,550.89
Net Principal Collections 66,968,707.15
Defaulted Amount 25,687,910.42
Miscellaneous Payments 0.00
Principal Recoveries 1,288,597.68
Beginning Participation Invested Amount 346,554,961.18
Beginning Participation Unpaid Principal Balance 346,554,961.18
Ending Participation Invested Amount 338,382,376.94
Ending Participation Unpaid Principal Balance 338,382,376.94
Accelerated Amortization Date Feb 28, 2002
Is it the Accelerated Amortization Period? 0=No 0
OC Balance as % of Ending Participation Invested 8.521%
Amount (3 month average)
Is it Early Amortization? (No, if 3 month OC 0
Average >or=4.25%)
Investor Finance Charges and Administrative
Collections
Numerator for Floating Allocation 346,554,961.18
Numerator for Fixed Allocation 355,177,246.62
Denominator - Max(Sum of Numerators, Principal 3,929,064,488.82
Receivables)
Applicable Allocation Percentage 8.8203%
Investor FC&A Collections 5,944,929.98
Series Participation Interest Default Amount
Numerator for Floating Allocation 346,554,961.18
Denominator - Max(Sum of Numerators, Principal 3,929,064,488.82
Receivables)
Floating Allocation Percentage 8.8203%
Series Participation Interest Default Amount 2,265,748.71
Principal Allocation Components
Numerator for Floating Allocation 346,554,961.18
Numerator for Fixed Allocation 355,177,246.62
Denominator - Max(Sum of Numerators, Principal 3,929,064,488.82
Receivables)
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Series Participation Interest Monthly Interest
(a) Series Participation Interest Pass Through 8.0000%
Rate, [Max(b,c)]
(b) Prime Rate minus 1.50% 8.0000%
(c) Rate Sufficient to Cover Interest, Yield and 6.5639%
Accelerated Principal Pmt Amount
(d) Series Participation Interest Unpaid 346,554,961.18
Principal Balance
(e) Actual days in the Interest Period 31
Series Participation Monthly Interest, [a*d*e] 2,387,378.62
Series Participation Interest Interest Shortfall 0.00
Previous Series Participation Interest Interest 0.00
Shortfall
Additional Interest 0.00
Series Participation Interest Monthly Principal
Available Investor Principal Collections, [a+m+n] 8,172,584.24
(a) Investor Principal Collections, [Max(b,h) or 5,906,835.53
e]
(b) prior to Accelerated Amort. Date or not Early 5,906,835.53
Amort. Period, [c*d]
(c) Floating Allocation Percentage 8.8203%
(d) Net Principal Collections 66,968,707.15
(e) after Accelerated Amort Date or Early Amort 10,662,668.82
Period, [f*g]
(f) Fixed Allocation Percentage 9.0397%
(g) Collections of Principal
117,953,258.04
(h) Minimum Principal Amount, [Min(i,l)] 5,358,460.44
(i) Floating Allocation Percentage of Principal 10,403,821.79
Collections
(j) 2.2% of the Series Participation Interest 7,624,209.15
Invested Amount
(k) Series Participation Interest Net Default 2,265,748.71
Payment Amount
(l) the excess of (j) over (k) 5,358,460.44
(m) Series Participation Interest Net Default 2,265,748.71
Payment Amount
(n) Optional Repurchase Amount (principal only) 0.00
at Sec. 9
Application of Investor Finance Charges and Admin
Collections
Investor Finance Charges and Admin. Collections 5,944,929.98
[Sec. 4.11(a)]
Series Servicing Fee paid if HFC is not the 0.00
Servicer [Sec. 4.11(a)(i)]
plus any unpaid Series Servicing Fee of other 0.00
than HFC
Series Participation Interest Monthly Interest 2,387,378.62
[Sec. 4.11(a)(ii)]
Series Participation Interest Interest Shorfall 0.00
[Sec. 4.11(a)(ii)]
Additional Interest [Sec. 4.11(a)(ii)] 0.00
Series Participation Interest Default Amount 2,265,748.71
[Sec. 4.11(a)(iii)]
Reimbursed Series Participation Interest Charge- 0.00
Offs [Sec. 4.11(a)(iv)]
Servicing Fee Paid [Sec. 4.11(a)(v)] 577,591.60
Excess [Sec. 4.11(a)(vi)] 714,211.05
Series Participation Investor Charge Off [Sec. 0.00
4.12(a)]
Seller's Interest
1,369,744,351.26
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<TABLE>
Series 1997-1 Owner Trust Calculations
Due Period August 2000
Payment Date Sep 15, 2000
<S> <C>
Optimum Monthly Principal [a+b+c]
(a) Available Investor Principal Collections 8,172,584.24
(b) Series Participation Interest Charge Offs 0.00
(c) Lesser of Excess Interest and Carryover 0.00
Charge offs
Accelerated Principal Payment 72,198.95
Series Participation Interest Monthly Interest 2,387,378.62
Allocation of Optimum Monthly Principal and
Series Part. Interest Monthly Interest
Interest and Yield
Pay Class A-1 Interest Distribution- Sec. 1,046,062.80
3.05(a)(i)(a)
Pay Class A-2 Interest Distribution- Sec. 204,978.84
3.05(a)(i)(b)
Pay Class A-3 Interest Distribution- Sec. 270,351.98
3.05(a)(i)(c)
Pay Class B Interest Distribution- Sec. 206,069.94
3.05(a)(i)(d)
Pay Certificates the Certificate Yield- Sec. 159,152.36
3.05(a)(i)(e)
Principal up to Optimum Monthly Principal Balance
Pay Class A-1 to Targeted Principal Balance- 4,175,748.54
Sec. 3.05(a)(ii)(a)
Pay Class A-2 to Targeted Principal Balance 817,258.43
subject to Min Adj Bal- Sec. 3.05(a)(ii)(b)
Pay Class A-3 to Targeted Principal Balance 1,062,435.95
subject to Min Adj Bal- Sec. 3.05(a)(ii)(c)
Pay Class B to Targeted Principal Balance 776,395.51
subject to Min Adj Bal- Sec. 3.05(a)(ii)(d)
Pay Certificate Yield if not paid pursuant to 0.00
Sec. 3.05 (a)(i)(e)
Principal up to Optimal Monthly Principal
Pay Certificate to Targeted Principal Balance 572,080.89
subject to Min Adj Bal- Sec. 3.05(a)(iii)
Pay OC Remaining Optimal Monthly Prin Amt 768,664.92
subject to OC Min Bal- Sec. 3.05(a)(iv)
Principal up to Accelerated Principal Payment
Amout
Pay Class A-1 to Targeted Principal Balance 0.00
subject to Min Adj Bal- Sec. 3.05(a)(v)(a)
Pay Class A-2 to Targeted Principal Balance 0.00
subject to Min Adj Bal- Sec. 3.05(a)(v)(b)
Pay Class A-3 to Targeted Principal Balance 0.00
subject to Min Adj Bal- Sec. 3.05(a)(v)(c)
Pay Class B to Targeted Principal Balance 0.00
subject to Min Adj Bal- Sec. 3.05(a)(v)(d)
Pay Class A-1 to zero- Sec. 3.05(a)(v)(e) 72,198.95
Pay Class A-2 to zero- Sec. 3.05(a)(v)(f) 0.00
Pay Class A-3 to zero- Sec. 3.05(a)(v)(g) 0.00
Pay Class B to zero- Sec. 3.05(a)(v)(h) 0.00
Principal up to Optimal Monthly Principal
Pay Class A-1 to zero- Sec. 3.05(a)(vi)(a) 0.00
Pay Class A-2 to zero- Sec. 3.05(a)(vi)(b) 0.00
Pay Class A-3 to zero- Sec. 3.05(a)(vi)(c) 0.00
Pay Class B to zero- Sec. 3.05(a)(vi)(d) 0.00
Pay Certificates up to Certificate Minimum 0.00
Balance or zero- Sec. 3.05(a)(vi)(e)
Pay HCLC Optimum Monthly Principal provided OC 0.00
>0- Sec. 3.05(a)(vi)(f)
Remaining Amounts to Holder of Designated 428,563.75
Certificate - Sec. 3.05(a)(vii)
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Allocations of Distributions to
Overcollateralization Amount
Available Distributions
Pay OC Remaining Optimal Monthly Prin Amt 768,664.92
subject to OC Min Bal- Sec. 3.05(a)(iv)
Pay HCLC Optimum Monthly Principal provided 0.00
OC >0- Sec. 3.05(a)(vi)
To Designated Certificate Holder up to total 72,198.95
Accelerated Principal Payments
To Designated Certificate Holder up to Holdback 696,465.97
Amount
To HCLC any remaining amounts 0.00
Principal paid to the Designated Certificate 5,720.81
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<TABLE>
Household Consumer Loan Trust, 1997-1
Series 1997-1
Owner Trust Calculations
Due Period Ending Aug 31, 2000
Payment Date Sep 15, 2000
Calculation of Interest Expense
Index (LIBOR) 6.618750%
Accrual end date, Sep 15,2000
accrual beginning date Aug 15, 2000
and days in Interest Period 31
<S> <C> <C> <C> <C> <C> <C>
Class A-1 Class A-2 Class A-3 Class B Certificates Overcoll
Amount
Beginning Unpaid 180,134,585 34,655,496 45,052,145 32,922,721 24,258,847 29,531,167
Principal Balance
Previously unpaid 0 0 0 0 0
interest/yield
Spread to index 0.125% 0.250% 0.350% 0.650% 1.000%
Rate (capped at 6.743750% 6.868750% 6.968750% 7.268750% 7.618750%
12.5%, 14%, 14%,
14%, 15%)
Interest/Yield 1,046,063 204,979 270,352 206,070 159,152
Payable on the
Principal Balance
Interest on 0 0 0 0 0
previously unpaid
interest/yield
Interest/Yield 1,046,063 204,979 270,352 206,070 159,152
Due
Interest/Yield 1,046,063 204,979 270,352 206,070 159,152
Paid
Summary
Beginning 180,134,585 34,655,496 45,052,145 32,922,721 24,258,847 29,531,167
Security Balance
Beginning 180,134,585 34,655,496 45,052,145 32,922,721 24,258,847
Adjusted Balance
Principal Paid 4,247,947 817,258 1,062,436 776,396 572,081 768,665
Ending Security 175,886,637 33,838,238 43,989,709 32,146,326 23,686,766 28,834,701
Balance
Ending Adjusted 175,886,637 33,838,238 43,989,709 32,146,326 23,686,766
Balance
Ending 0
Certificate
Balance as %
Participation
Interest Invested
Amount
Targeted Balance 175,958,836 33,838,238 43,989,709 32,146,326 23,686,766
Minimum Adjusted 16,000,000 20,800,000 15,200,000 11,200,000 13,600,000
Balance
Certificate 3,418,000
Minimum Balance
Ending OC Amount 20,525,069
as Holdback
Amount
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Ending OC Amount 8,309,632
as Accelerated
Prin Pmts
Beginning Net 0.00 0.00 0.00 0.00 0.00 0.00
Charge offs
Reversals 0.00 0.00 0.00 0.00 0.00 0.00
Charge offs 0.00 0.00 0.00 0.00 0.00 0.00
Ending Net Charge 0.00 0.00 0.00 0.00 0.00 0.00
Offs
Interest/Yield $1.4337484 $4.2703925 $4.3325638 $4.5190776 $4.7366774
Paid per $1000
Principal Paid $5.8222965 $17.0262173 $17.0262171 $17.0262173 $17.0262170
per $1000
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