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:               November 14, 2000                                                    

                 HOUSEHOLD CONSUMER LOAN TRUST 1997-1             
(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 Numbers)

To be
Applied For
(IRS Employer Identification)

   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

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Item 7.     FINANCIAL STATEMENTS AND EXHIBITS

(c)   Exhibits

         99

Statement to Series 1997-1 Participants with respect to the distribution on November 14, 2000 as provided for under Article V of the Pooling and Servicing Agreement dated as of September 1, 1995 among Household Finance Corporation, as Servicer and The Chase Manhattan Bank, N.A., as Deposit Trustee and Section 5 of the Series 1997-1 Supplement to the Pooling and Servicing Agreement, (b) Noteholders with respect to the Payment Date on November 15, 2000 as provided for under Section 3.23 of the Indenture dated as of March 1, 1997 between Household Consumer Loan Trust 1997-1 and The Bank of New York, as Indenture Trustee, and (c) Certificateholders with respect to the Payment Date on November 15, 2000 as provided for under Section 5.04 of the Trust Agreement dated as of March 1, 1997 between Household Consumer Loan Corporation and The Chase Manhattan Bank Delaware, as Owner Trustee.

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 CONSUMER LOAN TRUST 1997-1
            (Registrant)

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

Dated: November 22, 2000

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EXHIBIT INDEX

Exhibit
Number   

Exhibit

99

Statement to Series 1997-1 Participants with respect to the distribution on November 14, 2000 as provided for under Article V of the Pooling and Servicing Agreement dated as of September 1, 1995 among Household Finance Corporation, as Servicer and The Chase Manhattan Bank, N.A., as Deposit Trustee and Section 5 of the Series 1997-1 Supplement to the Pooling and Servicing Agreement, (b) Noteholders with respect to the Payment Date on November 15, 2000 as provided for under Section 3.23 of the Indenture dated as of March 1, 1997 between Household Consumer Loan Trust 1997-1 and The Bank of New York, as Indenture Trustee, and (c) Certificateholders with respect to the Payment Date on November 15, 2000 as provided for under Section 5.04 of the Trust Agreement dated as of March 1, 1997 between Household Consumer Loan Corporation and The Chase Manhattan Bank Delaware, as Owner Trustee.

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