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<CAPTION>
Household Consumer Loan Trust, Series 1997-2
Deposit Trust Calculations
Previous Due Period Ending Aug 31, 2000
Current Due Period Ending Sep 30, 2000
Prior Distribution Date Sep 14, 2000
Distribution Date Oct 13, 2000
<S> <C>
Beginning Trust Principal Receivables 3,836,588,097.46
Average Principal Receivables 3,836,428,089.12
FC&A Collections (Includes Recoveries) 62,563,942.68
Principal Collections 109,782,387.69
Additional Balances 45,086,252.81
Net Principal Collections 64,696,134.88
Defaulted Amount 24,564,851.61
Miscellaneous Payments 0.00
Principal Recoveries 1,153,850.68
Beginning Participation Invested Amount 499,382,618.20
Beginning Participation Unpaid Principal Balance 499,382,618.19
Ending Participation Invested Amount 487,763,637.18
Ending Participation Unpaid Principal Balance 487,763,637.17
Accelerated Amortization Date Oct 31, 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 Average 0
>or=4.25%) 0=NO, 1=YES
Investor Finance Charges and Administrative
Collections
Numerator for Floating Allocation 499,382,618.20
Numerator for Fixed Allocation 511,443,667.45
Denominator - Max(Sum of Numerators, Principal 3,836,428,089.12
Receivables)
Applicable Allocation Percentage 13.0169%
Investor FC&A Collections 8,143,863.19
Series Participation Interest Default Amount
Numerator for Floating Allocation 499,382,618.20
Denominator - Max(Sum of Numerators, Principal 3,836,428,089.12
Receivables)
Floating Allocation Percentage 13.0169%
Series Participation Interest Default Amount 3,197,573.27
Principal Allocation Components
Numerator for Floating Allocation 499,382,618.20
Numerator for Fixed Allocation 511,443,667.45
Denominator - Max(Sum of Numerators, Principal 3,836,428,089.12
Receivables)
Series Participation Interest Monthly Interest
(a) Series Participation Interest Pass Through Rate, 8.0000%
[Max(b,c)]
(b) Prime Rate minus 1.50% 8.0000%
(c) Rate Sufficient to Cover Interest, Yield and 7.0586%
Accelerated Principal Pmt Amount
(d) Series Participation Interest Unpaid Principal 499,382,618.19
Balance
(e) Actual days in the Interest Period 29
Series Participation Monthly Interest, [a*d*e] 3,218,243.54
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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] 11,618,981.02
(a) Investor Principal Collections, [Max(b,h) or e] 8,421,407.75
(b) prior to Accelerated Amort. Date or not Early 8,421,407.75
Amort. Period, [c*d]
(c) Floating Allocation Percentage 13.0169%
(d) Net Principal Collections 64,696,134.88
(e) after Accelerated Amort Date or Early Amort 14,635,360.20
Period, [f*g]
(f) Fixed Allocation Percentage 13.3312%
(g) Collections of Principal
109,782,387.69
(h) Minimum Principal Amount, [Min(i,l)] 7,788,844.33
(i) Floating Allocation Percentage of Principal 14,290,223.86
Collections
(j) 2.5% or 2.2% of the Series Participation 10,986,417.60
Interest Invested Amount
(k) Series Participation Interest Net Default Payment 3,197,573.27
Amount
(l) the excess of (j) over (k) 7,788,844.33
(m) Series Participation Interest Net Default Payment 3,197,573.27
Amount
(n) Optional Repurchase Amount (principal only) at 0.00
Sec. 9
Application of Investor Finance Charges and Admin
Collections
Investor Finance Charges and Admin. Collections [Sec. 8,143,863.19
4.11(a)]
Series Servicing Fee paid if HFC is not the Servicer 0.00
[Sec. 4.11(a)(i)]
plus any unpaid Series Servicing Fee of other than 0.00
HFC
Series Participation Interest Monthly Interest [Sec. 3,218,243.54
4.11(a)(ii)]
Series Participation Interest Interest Shorfall [Sec. 0.00
4.11(a)(ii)]
Additional Interest [Sec. 4.11(a)(ii)] 0.00
Series Participation Interest Default Amount [Sec. 3,197,573.27
4.11(a)(iii)]
Reimbursed Series Participation Interest Charge-Offs 0.00
[Sec. 4.11(a)(iv)]
Servicing Fee Paid [Sec. 4.11(a)(v)] 832,304.36
Excess [Sec. 4.11(a)(vi)] 895,742.02
Series Participation Investor Charge Off [Sec. 0.00
4.12(a)]
Seller's Interest
1,345,127,181.41
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Series 1997-2 Owner Trust Calculations
Due Period September 2000
Payment Date Oct 16, 2000
<S> <C>
Optimum Monthly Principal [a+b+c]
(a) Available Investor Principal Collections 11,618,981.02
(b) Series Participation Interest Charge Offs 0.00
(c) Lesser of Excess Interest and Carryover Charge 0.00
offs
Accelerated Principal Payment 104,038.05
Series Participation Interest Monthly Interest 3,218,243.54
Allocation of Optimum Monthly Principal and Series
Part. Interest Monthly Interest
Interest and Yield
Pay Class A-1 Interest Distribution- Sec. 1,520,220.07
3.05(a)(i)(a)
Pay Class A-2 Interest Distribution- Sec. 285,665.00
3.05(a)(i)(b)
Pay Class A-3 Interest Distribution- Sec. 434,421.64
3.05(a)(i)(c)
Pay Class B Interest Distribution- Sec. 265,778.97
3.05(a)(i)(d)
Pay Certificates the Certificate Yield- Sec. 229,412.39
3.05(a)(i)(e)
Principal up to Optimum Monthly Principal Balance
Pay Class A-1 to Targeted Principal Balance- Sec. 5,935,319.37
3.05(a)(ii)(a)
Pay Class A-2 to Targeted Principal Balance subject 0.00
to Min Adj Bal- Sec. 3.05(a)(ii)(b)
Pay Class A-3 to Targeted Principal Balance subject 2,788,555.44
to Min Adj Bal- Sec. 3.05(a)(ii)(c)
Pay Class B to Targeted Principal Balance subject to 987,613.39
Min Adj Bal- Sec. 3.05(a)(ii)(d)
Pay Certificate Yield if not paid pursuant to Sec. 0.00
3.05 (a)(i)(e)
Principal up to Optimal Monthly Principal
Pay Certificate to Targeted Principal Balance 813,328.68
subject to Min Adj Bal- Sec. 3.05(a)(iii)
Pay OC Remaining Optimal Monthly Prin Amt subject to 1,094,164.14
OC Min Bal- Sec. 3.05(a)(iv)
Principal up to Accelerated Principal Payment Amout
Pay Class A-1 to Targeted Principal Balance subject 0.00
to Min Adj Bal- Sec. 3.05(a)(v)(a)
Pay Class A-2 to Targeted Principal Balance subject 0.00
to Min Adj Bal- Sec. 3.05(a)(v)(b)
Pay Class A-3 to Targeted Principal Balance subject 0.00
to Min Adj Bal- Sec. 3.05(a)(v)(c)
Pay Class B to Targeted Principal Balance subject to 0.00
Min Adj Bal- Sec. 3.05(a)(v)(d)
Pay Class A-1 to zero- Sec. 3.05(a)(v)(e) 104,038.05
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 Balance 0.00
or zero- Sec. 3.05(a)(vi)(e)
Pay HCLC Optimum Monthly Principal provided OC >0- 0.00
Sec. 3.05(a)(vi)(f)
Remaining Amounts to Holder of Designated Certificate 378,707.42
- Sec. 3.05(a)(vii)
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Allocations of Distributions to Overcollateralization
Amount
Available Distributions
Pay OC Remaining Optimal Monthly Prin Amt 1,094,164.14
subject to OC Min Bal- Sec. 3.05(a)(iv)
Pay HCLC Optimum Monthly Principal provided OC 0.00
>0- Sec. 3.05(a)(vi)
To Designated Certificate Holder up to total 104,038.05
Accelerated Principal Payments
To Designated Certificate Holder up to Holdback Amount 990,126.09
To HCLC any remaining amounts 0.00
Principal paid to the Designated Certificate 8,133.29
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<CAPTION>
Household Consumer
Loan Trust, 1997-2
Series 1997-2 Owner
Trust Calculations
Due Period Ending Sep 30, 2000
Payment Date Oct 16, 2000
Calculation of
Interest Expense
Index (LIBOR) 6.621250%
Accrual end date, Oct 16, 2000 Sep 15, 31
accrual beginning 2000
date and days in
Interest Period
<S> <C> <C> <C> <C> <C> <C>
Class A-1 Class A-2 Class A-3 Class B Certificates Overcoll
Amount
Beginning Unpaid 259,572,411 48,000,000 71,851,828 42,447,523 34,956,783 42,554,073
Principal Balance
Previously unpaid 0.00 0.00 0.00 0.00 0.00
interest/yield
Spread to index 0.18% 0.29% 0.40% 0.65% 1.00%
Rate (capped at 6.801250% 6.911250% 7.021250% 7.271250% 7.621250%
12.5%, 14%, 14%, 14%,
15%)
Interest/Yield 1,520,220 285,665 434,422 265,779 229,412
Payable on the
Principal Balance
Interest on 0 0 0 0 0
previously unpaid
interest/yield
Interest/Yield Due 1,520,220 285,665 434,422 265,779 229,412
Interest/Yield Paid 1,520,220 285,665 434,422 265,779 229,412
Summary
Beginning Security
Balance 259,572,411 48,000,000 71,851,828 42,447,523 34,956,783 42,554,073
Beginning Adjusted
Balance 259,572,411 48,000,000 71,851,828 42,447,523 34,956,783
Principal Paid
6,039,357 - 2,788,555 987,613 813,329 1,094,164
Ending Security
Balance 253,533,053 48,000,000 69,063,273 41,459,909 34,143,455 41,563,947
Ending Adjusted
Balance 253,533,053 48,000,000 69,063,273 41,459,909 34,143,455
Ending Certificate 7.0000%
Balance as %
Participation
Interest Invested
Amount
Targeted Balance
253,637,091 53,654,000 69,063,273 41,459,909 34,143,455
Minimum Adjusted
Balance 16,000,000 30,000,000 19,000,000 14,000,000 17,000,000
Certificate Minimum
Balance 4,926,901
Ending OC Amount as
Holdback Amount 23,982,737
Ending OC Amount as
Accelerated Prin Pmts 17,581,210
Beginning Net Charge
offs - - - - - -
Reversals
- - - - - -
Charge offs
- - - - - -
Ending Net Charge
Offs - - - - - -
Interest/Yield Paid $1.6669080 $5.9513542 $4.8269071 $4.6627889 $5.4621998
per $1000
Principal Paid per $6.6221024 $0.0000000 $30.9839493 $17.3265507 $19.3649686
$1000
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