HOUSEHOLD AUTOMOBILE REVOLVING TRUST I
8-K, 2000-08-29
ASSET-BACKED SECURITIES
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               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          August 17, 2000


            HOUSEHOLD AUTOMOBILE REVOLVING TRUST I, SERIES 1998-1

      (Exact name of registrant as specified in its charter)



                     HOUSEHOLD FINANCE CORPORATION
                 (Master Servicer of the Trust)
     (Exact name as specified in Master Servicer's charter)

                                                         Not
      Delaware              333-59837                 Applicable
(State or other juris-    (Commission File Numbers)  (IRS Employer
diction of incorpora-                                Identification
tion of Master Servicer)                              Number of
                                                      Registrant)

  2700 Sanders Road, Prospect Heights, Illinois      60070
(Address of principal executive offices of        (Zip Code)
      Master Servicer)


Master Servicer's telephone number, including area code
847/564-5000





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Item 7.   FINANCIAL STATEMENTS AND EXHIBITS

     (C)  Exhibits

     99(a)     Monthly Servicer's Certificate to Trustee dated August 17,
               2000 pursuant to Section 4.9 of the amended and restated
               Master Sale and Servicing Agreement dated as of November 1,
               1998 (the "Sale and Servicing Agreement") among Household
               Automobile Revolving Trust I, as Issuer, Household Auto
               Receivables Corporation, as Seller, Household Finance
               Corporation, as Master Servicer, and The Chase Manhattan Bank,
               as Trustee, with respect to the Class A and B Notes, Series
               1998-1.



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                                 SIGNATURE



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





                              HOUSEHOLD FINANCE CORPORATION,
                         as Master Servicer of and on behalf of the
                           HOUSEHOLD AUTOMOBILE REVOLVING TRUST I,
                              SERIES 1998-1
                                      (Registrant)



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



Dated: August 25, 2000








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                               EXHIBIT INDEX

Exhibit

Number    Exhibit


99(a)     Monthly Servicer's Certificate to Trustee dated August 17, 2000
          pursuant to Section 4.9 of the amended and restated Master Sale and
          Servicing Agreement dated as of November 1, 1998 (the "Sale and
          Servicing Agreement") among Household Automobile Revolving Trust I,
          as Issuer, Household Auto Receivables Corporation, as Seller,
          Household Finance Corporation, as Master Servicer, and The Chase
          Manhattan Bank, as Trustee, with respect to the Class A and B
          Notes, Series 1998-1.





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