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Next: HOUSEHOLD FINANCE CORP HOUSEHOLD AFF CRE CAR MAS TR I, 8-K, EX-99, 2000-12-27 |
MONTHLY SERVICER'S CERTIFICATE |
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(Delivered pursuant to subsection 3.04(b) |
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of the Pooling and Servicing Agreement |
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HOUSEHOLD FINANCE CORPORATION |
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HOUSEHOLD AFFINITY FUNDING CORPORATION |
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HOUSEHOLD AFFINITY CREDIT CARD MASTER TRUST 1 |
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Class A and Class B Certificates, Series 1993-2 |
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1.This Certificate relates to the Distribution Date occurring on December 15, 2000. |
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2.Trust Information. |
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(a)The aggregate amount of Collections processed for the Due Period |
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preceding such Distribution Date was equal to |
$1,987,504,043.28 |
(b)The aggregate amount of such Collections with respect to Principal |
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Receivables for the Due Period preceding such Distribution Date was |
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equal to |
$1,868,565,493.05 |
(i)The payment rate, [ ( (b) + (c)(ii) + (c)(iii) ) / (f) ], is |
30.048% |
(c)The aggregate amount of such Collections with respect to Finance Charge |
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and Administrative Receivables and the Defaulted Amount for the Due Period preceding |
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such Distribution Date was equal to |
$118,938,550.23 |
(i)The gross cash yield, [ ((ii)+(iii)+(iv)+(v)) * 12 / (f) ], is |
21.796% |
(ii)The amount of such aggregate with respect to Finance Charge was equal to |
$70,328,842.58 |
(iii)The amount of such aggregate with respect to Fees was equal to |
$18,130,316.38 |
(iv)The amount of such aggregate with respect to Interchange was equal to |
$29,701,205.27 |
(v)The amount of such aggregate with respect to Other Recoveries was equal to |
$140,073.00 |
(vi)The amount of such aggregate with respect to Principal Recoveries was equal to .. |
$638,113.00 |
(d)The Gross Defaulted Amount for the preceding Due Period is |
$28,681,227.66 |
(i)The annualized default rate, (d) *12 / (f), is |
5.284% |
(ii)The annualized net default rate, [(d)-(c)(vi)] *12 / (f), is |
5.167% |
(e)The Portfolio Yield for such Distribution Date |
16.630% |
(f)The total amount of Principal Receivables in the Trust at the beginning |
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of the preceding Due Period is equal to |
$6,513,025,256.22 |
(g)The total amount of Principal Receivables as of the last day of the |
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immediately preceding Due Period is |
$6,636,360,159.75 |
(h)The average amount of Principal Receivables in the Trust during the |
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preceding Due Period (the sum of the amounts in clause (f) and the |
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amount in clause (g) divided by 2) is equal to |
$6,574,692,707.98 |
(i)The total amount of Finance Charge and Administrative Receivables in the |
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Trust as of the last day of the immediately preceding Due Period is |
$152,029,290.25 |
(j)The aggregate outstanding gross balance of the Accounts which were |
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one payment (1-29 days) delinquent as of the close of business on the last |
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day of the calendar month preceding such Distribution Date was equal to |
$194,533,381.55 |
(k)The aggregate outstanding gross balance of the Accounts which were |
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two payments (30-59 days) delinquent as of the close of business on the last |
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day of the calendar month preceding such Distribution Date was equal to |
$73,246,846.06 |
(l)The aggregate outstanding gross balance of the Accounts which were |
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three or more payments (60+ days) delinquent as of the close of business on the last |
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day of the calendar month preceding such Distribution Date was equal to |
$160,840,882.10 |
(m)The aggregate amount of Trust Excess Principal Collections for such |
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Distribution Date is |
$1,278,536,489.20 |
(n)The aggregate amount of Principal Shortfalls for such Distribution Date is |
$208,346,719.39 |
3.Group One Information |
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(a)The Average Rate for Group One (the weighted average Certificate Rate |
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reduced to take into account any payments made pursuant to interest |
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rate agreements, if any ) is equal to |
6.618% |
(b)Group One Total Investor Collections is equal to |
$29,169,679.83 |
(c)Group One Investor Principal Collections is equal to |
$27,424,073.60 |
(d)Group One Investor Finance Charge and Administrative Collections is equal to |
$1,745,606.22 |
(e)Group One Investor Additional Amounts is equal to |
$0.00 |
(f)Group One Investor Default Amount is equal to |
$420,941.14 |
(g)Group One Investor Monthly Fees is equal to |
$159,314.44 |
(h)Group One Investor Monthly Interest is equal to |
278,458 |
4.Series 1993-2 Information |
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(a)The Series Adjusted Portfolio Yield for the Due Period preceding such |
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Distribution Date was equal to |
16.630% |
(b)The Series 1993-2 Allocation Percentage with respect to the Due |
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Period preceding such Distribution Date was equal to |
1.690% |
(c)The Floating Allocation Percentage for the Due Period preceding such |
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Distribution Date was equal to |
86.863% |
(d)The aggregate amount of Reallocated Finance Charge and |
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Administrative Collections for the Due Period preceding |
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such Distribution Date is equal to |
$1,745,606.22 |
(e)The Floating Allocation Percentage of Series Allocable Finance |
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Charge and Administrative Collections for the Due Period preceding |
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such Distribution Date is equal to |
$1,745,606.22 |
(f)Class A Invested Amount |
$0.00 |
(g)The Class A Invested Percentage with respect to the Due Period |
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preceding such Distribution Date was equal to |
43.590% |
(h)The Class A Invested Percentage of the amount set forth in Item 4(d) |
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above was equal to |
$760,901.84 |
(i)The amount of Class A Monthly Interest for such Distribution Date is |
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equal to |
$0.00 |
(j)The amount of any Class A Monthly Interest previously due but not |
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distributed on a prior Distribution Date is equal to |
$0.00 |
(k)The amount of Class A Additional Interest for such Distribution Date |
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is equal to |
$0.00 |
(l)The amount of any Class A Additional Interest previously due but not |
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distributed on a prior Distribution Date is equal to |
$0.00 |
(m)The Class A Investor Default Amount for such Distribution Date is |
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equal to |
$183,486.34 |
(n)The Allocable Servicing Fee for such Distribution Date is equal to |
$159,314.44 |
(o)The Class A Required Amount, if any, with respect to such |
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Distribution Date is equal to |
$0.00 |
(p)Class B Invested Amount |
$29,412,000.00 |
(q)The Class B Invested Percentage for the Due Period preceding such |
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Distribution Date was equal to |
30.769% |
(r)The Class B Invested Percentage of the amount set forth in Item 4(d) |
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above is equal to |
$537,111.48 |
(s)The amount of Class B Monthly Interest for such Distribution Date is |
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equal to |
$144,609.00 |
(t)The amount of any Class B Monthly Interest previously due but not |
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distributed on a prior Distribution Date is equal to |
$0.00 |
(u)The amount of Class B Additional Interest for such Distribution Date |
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is equal to |
$0.00 |
(v)The amount of any Class B Additional Interest previously due but not |
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distributed on a prior Distribution Date is equal to |
$0.00 |
(w)Class B Investor Default Amount for such Distribution Date is equal |
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to |
$129,520.80 |
(x)The Collateral Invested Percentage of the amount set forth in Item 4(d) |
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above is equal to |
$447,592.90 |
(y)The Series 1993-2 Principal Shortfall for such Distribution Date is |
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equal to |
$64,312,251.97 |
(z)The Series 1993-2 Excess Principal Collections is equal to |
$64,312,251.97 |
(aa)The amount of Excess Finance Charge and Administrative Collections |
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with respect to such Distribution Date is equal to |
$1,124,347.33 |
(bb)The amount of Excess Finance Charge and Administrative Collections |
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referred to in Item 4(aa) will be available to be distributed on such |
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Distribution Date to fund or reimburse the following items: |
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(i)to fund the Class A Required Amount, if any, with |
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respect to such Distribution Date |
$0.00 |
(ii)to reimburse Class A Investor Charge-Offs |
$0.00 |
(iii)to pay current or overdue Class B Monthly Interest, |
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Class B Additional Interest or the Cumulative |
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Excess Interest Amount |
$0.00 |
(iv)to fund the Class B Investor Default Amount with |
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respect to such Distribution Date |
$129,520.80 |
(v)to reimburse certain previous reductions in the Class B |
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Invested Amount |
$0.00 |
(vi)to pay any portion of the Allocable Servicing Fee not |
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paid pursuant to clause (i) above |
$0.00 |
(vii)to fund the Collateral Investor Default Amount with |
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respect to such Distribution Date |
$107,934.00 |
(viii)to reimburse certain previous reductions in the Collateral |
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Invested Amount |
$0.00 |
(ix)to make any required deposit in the Cash Collateral Account |
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(cc)The amount of Subordinated Principal Collections with respect to such |
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Distribution Date is equal to |
$15,470,044.19 |
(dd)The Principal Allocation Percentage is equal to |
86.863% |
(ee)The total amount to be distributed to Class A Certificateholders on |
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such Distribution Date in payment of principal is equal to |
$0.00 |
(ff)The total amount to be distributed to Class B Certificateholders on |
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such Distribution Date in payment of principal is equal to |
$29,412,000.00 |
(gg)The amount of Class A Investor Charge-Offs for such Distribution |
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Date is equal to |
$0.000000000 |
(hh)The total amount of reimbursements of Class A Investor Charge-Offs |
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for such Distribution Date is equal to |
$0.00 |
(ii)The amount of Class B Investor Charge-Offs and other reductions in |
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the Class B Invested Amount for such Distribution Date is equal to |
$0.00 |
(jj)The total amount of reimbursements of Class B Investor Charge-Offs |
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for such Distribution Date is equal to |
$0.000000000 |
(kk)The Class A Invested Amount at the close of business on such |
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Distribution Date (after giving effect to all payments and adjustments |
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on such Distribution Date) will be equal to |
$0.00 |
(ll)The Class B Invested Amount at the close of business on such |
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Distribution Date (after giving effect to all payments and adjustments |
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on such Distribution Date) will be equal to |
$0.00 |
(mm)The Available Collateral Amount as of the close of business on the |
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preceding Distribution Date (after giving effect to any withdrawal |
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from the Collateral Account) was equal to |
$21,078,600.00 |
(nn)The Required Collateral Amount as of the close of business on such |
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Distribution Date, after giving effect to any withdrawal from the |
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Collateral Account and payments to the Collateral Interest Holder on |
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such Distribution Date, will be equal to |
$0.00 |
(oo)The ratio of the Required Collateral Amount to the Class B Invested Amount |
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as of the close of business on such Distribution Date, after giving effect |
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to any withdrawal from the Collateral Account and payments to the |
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Collateral Interest Holder on such Distribution Date, will be equal to |
N/A |
(pp)The Available Collateral Amount as of the close of business on |
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such Distribution Date (after giving effect to any withdrawal |
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from the Collateral Account) will be equal to |
$0.00 |
(qq)The Cumulative Excess Interest Amount as of the close of business on |
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such Distribution Date, after giving effect to any payments of interest |
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to Class B Certificateholders on such Distribution Date, will be equal to |
$0.00 |
5.Total amount to be on deposit in the Collection Account (after giving effect to |
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allocations required to be made pursuant to the terms of all other Series now |
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outstanding and to the payment of the Servicer's fee and funding of investor default |
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amounts) prior to making distributions on such Distribution Dates is equal to |
$51,655,950.64 |
6.The total amount to be allocated according to the terms of the Collateral |
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Agreement on such Distribution Date is equal to |
$22,099,341.6400000 |
7.Total amount to be distributed from the Collection Account to the |
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Servicer in respect of the unpaid Allocable Servicing Fee for the |
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preceding Due Period on such Distribution Date (after taking into |
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consideration the amounts which have been netted with respect to this |
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Series against deposits to the Collection Account) is equal to |
$0.00 |
Household Finance Corporation |
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Household Affinity Funding Corp. |
November 30, 2000 |
Household Affinity Credit Card Master Trust II , Series 1993-2 |
December 15, 2000 |
CLASS A CERTIFICATEHOLDER'S STATEMENT |
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A.Information Regarding Distributions |
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1. Total distribution per $1,000 interest |
$0.000000 |
2. Principal distribution per $1,000 interest |
$0.000000 |
3. Interest distribution per $1,000 interest |
$0.000000 |
B. Calculation of Class A Interest |
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1. Class A Coupon |
5.60% |
2. Beginning Principal Amount |
$0.00 |
C. Performance of Trust |
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1. Collections of Receivables |
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(a) Total Collections |
$1,987,504,043.28 |
(b) Collections of Finance Charge and Administrative Receivables |
$118,938,550.23 |
(c) Collections of Principal |
$1,868,565,493.05 |
2. Allocation of Receivables |
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(a) Class A Invested Percentage |
43.590% |
(b) Principal Allocation Percentage |
86.863% |
3. Delinquent Gross Balances |
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(a) Delinquent 1 - 29 days |
$194,533,381.55 |
% of Gross Receivables |
2.87% |
(b) Delinquent 30 - 59 days |
$73,246,846.06 |
% of Gross Receivables |
1.08% |
(c) Delinquent 60+ days |
$160,840,882.10 |
% of Gross Receivables |
2.37% |
4. Class A Investor Default Amount |
$183,486.34 |
5. Class A Investor Charge-offs; Reimbursement of Charge-offs |
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(a) Class A Investor Charge-offs, if any, for the Distribution Date |
$0.00 |
(b) The amount of Item 5.(a) per $1,000 interest |
$0.00 |
(c) Total reimbursed to Trust in respect of Class A Investor Charge-offs |
$0.00 |
(d) The amount of Item 5.(c) per $1,000 interest |
$0.00 |
(e) The amount, if any, by which the outstanding principal balance of the |
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Class A Certificates exceeds the class A Invested Amount as of |
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the end of the Distribution Date |
$0.00 |
6. Allocable Servicing Fee paid for the Distribution Date |
$159,314.44 |
7. Deficit Controlled Amortization Amount for the Distribution Date |
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D.Class A Pool Factor |
0.00000 |
E. Receivables Balances |
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1. Principal Receivables as of the last day of the preceding Due Period |
$6,636,360,159.75 |
2. Finance Charge and Administrative Receivables as of the last day |
$152,029,290.25 |
of the preceding Due Period |
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F.Class B Certificates |
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1. Class B Invested Amount as of the end of the Distribution Date |
$0.00 |
2. Available Collateral Amount as of the end of the Distribution Date |
$0.00 |
Household Finance Corporation |
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Household Affinity Funding Corp. |
November 30, 2000 |
Household Affinity Credit Card Master Trust II , Series 1993-2 |
December 15, 2000 |
CLASS B CERTIFICATEHOLDER'S STATEMENT |
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A.Information Regarding Distributions |
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1. Total distribution per $1,000 interest |
$1,004.9166667 |
2. Principal distribution per $1,000 interest |
$1,000.00 |
3. Interest distribution per $1,000 interest |
$4.9166667 |
B. Calculation of Class B Interest |
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1. Class B Coupon |
5.900000% |
2. Beginning Invested Amount |
$29,412,000.00 |
C. Performance of Trust |
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1. Collections of Receivables |
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(a) Total Collections |
$1,987,504,043.28 |
(b) Collections of Finance Charge and Administrative Receivables |
$118,938,550.23 |
(c) Collections of Principal |
$1,868,565,493.05 |
2. Allocation of Receivables |
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(a) Class B Invested Percentage |
30.769% |
(b) Principal Allocation Percentage |
86.863% |
3. Delinquent Gross Balances |
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(a) Delinquent 1 - 29 days |
$194,533,381.55 |
% of Gross Receivables |
2.87% |
(b) Delinquent 30 - 59 days |
$73,246,846.06 |
% of Gross Receivables |
1.08% |
(c) Delinquent 60+ days |
$160,840,882.10 |
% of Gross Receivables |
2.37% |
5. Class B Investor Charge-offs; Reimbursement of Charge-offs |
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(a) Class B Investor Charge-offs, if any, for the Distribution Date |
$0.00 |
(b) The amount of Item 5.(a) per $1,000 interest |
$0.00 |
(c) Total reimbursed to Trust in respect of Class B Investor Charge-offs |
$0.00 |
(d) The amount of Item 5.(c) per $1,000 interest |
$0.00 |
(e) The amount, if any, by which the outstanding principal balance of the |
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Class B Certificates exceeds the Class B Invested Amount as of |
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the end of the Distribution Date |
$0.00 |
6. Available Cash Collateral Amount |
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(a) Available Cash Collateral Amount at the end of the Distribution Date |
$0.00 |
(b) Available Cash Collateral Amount as a percent of the Class B |
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Invested Amount, each at the end of the Distribution Date |
0.00% |
7. Available Collateral Amount |
$0.00 |
8. Deficit Controlled Amortization Amount for the Distribution Date |
$0.00 |
D.Class B Pool Factor |
0.000000 |
E. Receivables Balances |
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1. Principal Receivables as of the last day of the preceding Due Period |
$6,636,360,159.75 |
2. Finance Charge and Administrative Receivables as of the last day |
$152,029,290.25 |
of the preceding Due Period |
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