HOUSEHOLD HOME EQUITY LOAN TRUST 1999-1
8-K, 2000-05-31
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          May 22, 2000

              HOUSEHOLD HOME EQUITY LOAN TRUST 1999-1
     (Exact name of registrant as specified in Department of the
          Treasury, Internal Revenue Service Form SS-4)


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


       Delaware              333-84611              Applied For
 (State or other juris-  (Commission File Number  (IRS Employer
diction of incorporation     of Registrant)      Identification
of Master Servicer)                                Number of
                                                  Registrant)


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


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





                                 Exhibit Index appears on page 3 
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Item 7.  FINANCIAL STATEMENTS AND EXHIBITS

    (c)  Exhibits

          99(a)     Monthly Servicing Report to Trustee dated May
                    22, 2000 pursuant to Sections 4.01 and 5.02
                    of the Pooling and Servicing Agreement dated
                    as of November 1, 1999 (the "Pooling and
                    Servicing Agreement") among HFC Revolving
                    Corporation, as Seller, Household Finance
                    Corporation, as Servicer, and Bank One,
                    National Association, as Trustee, with
                    respect to Class A-1, Class A-2, Class A-3,
                    Class A-4, Class M-1 and Class M-2
                    Certificates.





                           SIGNATURE


     Pursuant to the requirements of the Securities Exchange Act
of 1934, the Servicer has duly caused this report to be signed on
behalf of the Household Home Equity Loan Trust 1999-1 by the
undersigned hereunto duly authorized.



                    HOUSEHOLD FINANCE CORPORATION,
                    as Servicer of and on behalf of the

                    HOUSEHOLD HOME EQUITY LOAN TRUST 1999-1
                                (Registrant)




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

Dated:  May 31, 2000


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                          EXHIBIT INDEX




Exhibit
Number    Exhibit




99(a)     Monthly Servicing Report to Trustee dated May 22, 2000
          pursuant to Sections 4.01 and 5.02 of the Pooling and
          Servicing Agreement dated as of November 1, 1999 (the
          "Pooling and Servicing Agreement") among HFC Revolving
          Corporation, as Seller, Household Finance Corporation, as
          Servicer, and Bank One, National Association, as Trustee,
          with respect to the Class A-1, Class A-2, Class A-3, Class
          A-4, Class M-1 and Class M-2 Certificates.





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