<PAGE> 1
<TABLE>
<CAPTION>
MONTHLY SERVICER'S CERTIFICATE
(Delivered pursuant to subsection 3.04(b)
of the Pooling and Servicing Agreement
HOUSEHOLD FINANCE CORPORATION
HOUSEHOLD AFFINITY FUNDING CORPORATION
HOUSEHOLD AFFINITY CREDIT CARD MASTER TRUST 1
Class A and Class B Certificates, Series 1998-1
1.This Certificate relates to the Distribution
Date occurring on August 15, 2000.
2.Trust Information.
<S> <C>
(a)The aggregate amount of Collections
processed for the Due Period
preceding such Distribution Date was equal to $2,025,836,067.96
..............................................
...................................
(b)The aggregate amount of such Collections
with respect to Principal
Receivables for the Due Period preceding such
Distribution Date was
equal to $1,907,396,316.97
..............................................
..............................................
..............................................
...................
(i)The payment rate, [ ( (b) + (c)(ii) + 31.43%
(c)(iii) ) / (f) ], is ..............
(c)The aggregate amount of such Collections
with respect to Finance Charge
and Administrative Receivables and the
Defaulted Amount for the Due Period preceding
such Distribution Date was equal to $118,439,750.99
..............................................
..............................................
.........
(i)The gross cash yield, [ 22.12%
((ii)+(iii)+(iv)+(v)) * 12 / (f) ], is
......................................
(ii)The amount of such aggregate with respect $70,590,670.01
to Finance Charge was equal to
(iii)The amount of such aggregate with respect $17,846,419.33
to Fees was equal to ...
(iv)The amount of such aggregate with respect $28,331,670.65
to Interchange was equal to ..
(v)The amount of such aggregate with respect $284,069.00
to Other Recoveries was equal to ..
(vi)The amount of such aggregate with respect $1,386,922.00
to Principal Recoveries was equal to ..
(d)The Gross Defaulted Amount for the $31,609,614.02
preceding Due Period is
..............................................
.................
(i)The annualized default rate, (d) *12 / (f), 5.97%
is
............................................
(ii)The annualized net default rate, [(d)- 5.71%
(c)(vi)] *12 / (f), is
............................................
(e)The Portfolio Yield for such Distribution 16.41%
Date
..............................................
.................................
<PAGE>
<PAGE> 2
(f)The total amount of Principal Receivables
in the Trust at the beginning
of the preceding Due Period is equal to $6,349,473,224.16
..............................................
..............................................
.
(g)The total amount of Principal Receivables
as of the last day of the
immediately preceding Due Period is $6,299,411,147.77
..............................................
..............................................
.....
(h)The average amount of Principal Receivables
in the Trust during the
preceding Due Period (the sum of the amounts
in clause (f) and the
amount in clause (g) divided by 2) is equal to $6,324,442,185.97
..............................................
.....................................
(i)The total amount of Finance Charge and
Administrative Receivables in the
Trust as of the last day of the immediately $139,927,494.94
preceding Due Period is
.....................................
(j)The aggregate outstanding gross balance of
the Accounts which were
one payment (1-29 days) delinquent as of the
close of business on the last
day of the calendar month preceding such $194,396,072.28
Distribution Date was equal to
........................
(k)The aggregate outstanding gross balance of
the Accounts which were
two payments (30-59 days) delinquent as of the
close of business on the last
day of the calendar month preceding such $67,597,564.45
Distribution Date was equal to
........................
(l)The aggregate outstanding gross balance of
the Accounts which were
three or more payments (60+ days) delinquent
as of the close of business on the last
day of the calendar month preceding such $147,719,290.12
Distribution Date was equal to
........................
(m)The aggregate amount of Trust Excess
Principal Collections for such
Distribution Date $1,656,716,969.41
is............................................
....................................
(n)The aggregate amount of Principal $7,683,182.85
Shortfalls for such Distribution Date is
......................
3.Group Three Information
(a)The Average Rate for Group Three (the
weighted average Certificate Rate
reduced to take into account any payments made
pursuant to interest
rate agreements, if any ) is equal to 6.83%
..............................................
..............................................
......
(b)Group Three Total Investor Collections is $309,527,564.89
equal to
..............................................
.........................
(c)Group Three Investor Principal Collections $291,431,151.12
is equal to
..............................................
.................
(d)Group Three Investor Finance Charge and $18,096,413.77
Administrative Collections is equal to
...........
(e)Group Three Investor Additional Amounts is $0.00
equal to
..............................................
.....................
<PAGE>
<PAGE> 3
(f)Group Three Investor Default Amount is $4,829,634.05
equal to
..............................................
.............................
(g)Group Three Investor Monthly Fees is equal $1,616,893.73
to
..............................................
..................................
(h)Group Three Investor Monthly Interest is $5,336,349.21
equal to
..............................................
.............................
4.Series 1998-1 Information
(a)The Series Adjusted Portfolio Yield for the
Due Period preceding such
Distribution Date was equal to 16.41%
..............................................
..............................................
..................
(b)The Series 1998-1 Allocation Percentage
with respect to the Due
Period preceding such Distribution Date was 16.97%
equal to
..............................................
.................
(c)The Floating Allocation Percentage for the
Due Period preceding such
Distribution Date was equal to 90.06%
..............................................
..............................................
...................
(d)The aggregate amount of Reallocated Finance
Charge and
Administrative Collections for the Due Period
preceding
such Distribution Date is equal to $18,096,413.77
..............................................
..............................................
.............
(e)The Floating Allocation Percentage of
Series Allocable Finance
Charge and Administrative Collections for the
Due Period preceding
such Distribution Date is equal $18,096,413.77
to............................................
..............................................
..............
(f)Class A Invested Amount $844,000,000.00
..............................................
..............................................
..........................
(g)The Class A Invested Percentage with
respect to the Due Period
preceding such Distribution Date was equal to 87.00%
..............................................
.................................
(h)The Class A Invested Percentage of the
amount set forth in Item 4(d)
above was equal to $15,743,534.35
..............................................
..............................................
........................................
(i)The amount of Class A Monthly Interest for
such Distribution Date is
equal $4,586,700.42
to............................................
..............................................
..............................................
.....................
(j)The amount of any Class A Monthly Interest
previously due but not
distributed on a prior Distribution Date is $0.00
equal to
..............................................
.........................
<PAGE>
<PAGE> 4
(k)The amount of Class A Additional Interest
for such Distribution Date
is equal to $0.00
..............................................
..............................................
..............................................
..............
(l)The amount of any Class A Additional
Interest previously due but not
distributed on a prior Distribution Date is $0.00
equal
to............................................
............................
(m)The Class A Investor Default Amount for
such Distribution Date is
equal to $4,201,689.38
..............................................
..............................................
..............................................
.................
(n)The Allocable Servicing Fee for such $1,616,893.73
Distribution Date is equal
to.......................................
(o)The Class A Required Amount, if any, with
respect to such
Distribution Date is equal $0.00
to............................................
..............................................
......................
(p)Class B Invested Amount $46,100,000.00
..............................................
..............................................
...........................
(q)The Class B Invested Percentage for the Due
Period preceding such
Distribution Date was equal 4.75%
to............................................
..............................................
....................
(r)The Class B Invested Percentage of the
amount set forth in Item 4(d)
above is equal $859,925.28
to............................................
..............................................
..............................................
...
(s)The amount of Class B Monthly Interest for
such Distribution Date is
equal $257,956.71
to............................................
..............................................
..............................................
.....................
(t)The amount of any Class B Monthly Interest
previously due but not
distributed on a prior Distribution Date is $0.00
equal
to............................................
..............................
(u)The amount of Class B Additional Interest
for such Distribution Date
is equal $0.00
to............................................
..............................................
..............................................
...............
(v)The amount of any Class B Additional
Interest previously due but not
distributed on a prior Distribution Date is $0.00
equal
to............................................
.............................
(w)Class B Investor Default Amount for such
Distribution Date is equal
to............................................ $229,499.86
..............................................
..............................................
..............................
<PAGE>
<PAGE> 5
(x)The Collateral Invested Percentage of the
amount set forth in Item 4(d)
above is equal $1,492,954.14
to............................................
..............................................
..............................................
....
(y)The Series 1998-1 Principal Shortfall for
such Distribution Date is
equal $0.00
to............................................
..............................................
..............................................
...................
(z)The Series 1998-1 Excess Principal $0.00
Collections is equal
to............................................
.............
(aa)The amount of Excess Finance Charge and
Administrative Collections
with respect to such Distribution Date is $7,433,173.53
equal
to............................................
..............................
(bb)The amount of Excess Finance Charge and
Administrative Collections
referred to in Item 4(aa) will be available to
be distributed on such
Distribution Date to fund or reimburse the
following items:
(i)to fund the Class A Required Amount, if
any, with
respect to such Distribution $0.00
Date..........................................
.......
(ii)to reimburse Class A Investor Charge- $0.00
Offs.........................
(iii)to pay current or overdue Class B Monthly
Interest,
Class B Additional Interest or the Cumulative
Excess Interest Amount $0.00
..............................................
......................
(iv)to fund the Class B Investor Default
Amount with
respect to such Distribution $229,499.86
Date..........................................
........
(v)to reimburse certain previous reductions in
the Class B
Invested Amount $0.00
..............................................
..............................
(vi)to pay the Collateral Monthly Interest for
such Distribution
Date equal $491,692.08
to............................................
..........................
(vii)to pay any portion of the Allocable
Servicing Fee not
paid pursuant to clause (i) $0.00
above.........................................
..........
(viii)to fund the Collateral Investor Default
Amount with
respect to such Distribution $398,444.81
Date..........................................
........
(ix)to reimburse certain previous reductions
in the Collateral
Invested Amount $0.00
..............................................
..............................
(x)to make any required deposit in the Cash $0.00
Collateral Account..
(xi)to make any required deposit to the $0.00
Reserve Account
....................................
<PAGE>
<PAGE> 6
(cc)The amount of Subordinated Principal
Collections with respect to such
Distribution Date is equal $37,891,615.68
to............................................
..............................................
...........................
(dd)The Principal Allocation Percentage is 90.06%
equal to
..............................................
...............................
(ee)The total amount to be distributed to
Class A Certificateholders on
such Distribution Date in payment of principal $0.00
is equal
to............................................
..............
(ff)The total amount to be distributed to
Class B Certificateholders on
such Distribution Date in payment of principal $0.00
is equal
to............................................
..............
(gg)The amount of Class A Investor Charge-Offs
for such Distribution
Date is equal $0.00
to............................................
..............................................
..............................................
.....
(hh)The total amount of reimbursements of
Class A Investor Charge-Offs
for such Distribution Date is equal $0.00
to............................................
..............................................
........
(ii)The amount of Class B Investor Charge-Offs
and other reductions in
the Class B Invested Amount for such $0.00
Distribution Date is equal
to......................................
(jj)The total amount of reimbursements of
Class B Investor Charge-Offs
for such Distribution Date is equal $0.00
to............................................
..............................................
..........
(kk)The Class A Invested Amount at the close
of business on such
Distribution Date (after giving effect to all
payments and adjustments
on such Distribution Date) will be equal $844,000,000.00
to............................................
.............................................
(ll)The Class B Invested Amount at the close
of business on such
Distribution Date (after giving effect to all
payments and adjustments
on such Distribution Date) will be equal $46,100,000.00
to............................................
..............................................
(mm)The Available Collateral Amount as of the
close of business on the
preceding Distribution Date (after giving
effect to any withdrawal
from the Collateral Account) was equal $80,036,239.78
to............................................
..............................................
.
(nn)The Required Collateral Amount as of the
close of business on such
Distribution Date, after giving effect to any
withdrawal from the
Collateral Account and payments to the
Collateral Interest Holder on
such Distribution Date, will be equal $80,036,239.78
to............................................
..............................................
.......
<PAGE>
<PAGE> 7
(oo)The ratio of the Required Collateral
Amount to the Class B Invested Amount
as of the close of business on such
Distribution Date, after giving effect
to any withdrawal from the Collateral Account
and payments to the
Collateral Interest Holder on such 173.61%
Distribution Date, will be equal to
......................................
(pp)The Available Collateral Amount as of the
close of business on
such Distribution Date (after giving effect to
any withdrawal
from the Collateral Account) will be equal $80,036,239.78
to............................................
..............................................
.
(qq)The Cumulative Excess Interest Amount as
of the close of business on
such Distribution Date, after giving effect to
any payments of interest
to Class B Certificateholders on such $0.00
Distribution Date, will be equal to
.............................
5.Total amount to be on deposit in the
Collection Account (after giving effect to
allocations required to be made pursuant to
the terms of all other Series now
outstanding and to the payment of the
Servicer's fee and funding of investor default
amounts) prior to making distributions on such $11,649,885.99
Distribution Dates is equal to
.................
6.The total amount to be allocated according
to the terms of the Collateral
Agreement on such Distribution Date is equal $6,805,228.86
to
..............................................
..............................
7.Total amount to be distributed from the
Collection Account to the
Servicer in respect of the unpaid Allocable
Servicing Fee for the
preceding Due Period on such Distribution Date
(after taking into
consideration the amounts which have been
netted with respect to this
Series against deposits to the Collection $0.00
Account) is equal
to............................................
...
8.The Class A Adjusted Amount $844,000,000.00
..............................................
..............................................
................
9.The Class B Adjusted Amount $46,100,000.00
..............................................
..............................................
................
10.The Controlled Accumulation Amount $0.00
..............................................
..............................................
......
11.The Controlled Deposit Amount $0.00
..............................................
..............................................
................
12.The Deficit Controlled Deposit Amount $0.00
..............................................
13.The Principal Funding Account Balance $0.00
..............................................
14.The Principal Funding Investment Shortfall $0.00
..............................................
15.The Required Reserve Account Amount $0.00
..............................................
16.The Reserve Account Balance $0.00
</TABLE>
<PAGE>
<PAGE> 9
<TABLE>
Household Finance Corporation
Household Card Funding Corp. July 31, 2000
Household Credit Card Master Trust I , Series August 15, 2000
1998-1
<S> <C>
CLASS A CERTIFICATEHOLDER'S STATEMENT
A.Information Regarding Distributions
1. Total distribution per $1,000 interest $5.434479171
2. Principal distribution per $1,000 interest $0.000000000
3. Interest distribution per $1,000 interest $5.434479171
B. Calculation of Class A Interest
1. Calculation of Class A Certificate Rate
(a) One-month LIBOR 6.626250000%
(b) Spread 0.1200%
(c) Class A Certificate Rate 6.746250000%
2. Beginning Principal Amount $844,000,000.00
3. Days in Interest Period 29
C. Performance of Trust
1. Collections of Receivables
(a) Total Collections $2,025,836,067.96
(b) Collections of Finance Charge and $118,439,750.99
Administrative Receivables
(c) Collections of Principal $1,907,396,316.97
2. Allocation of Receivables
(a) Class A Invested Percentage 87.00%
(b) Principal Allocation Percentage 90.06%
3. Delinquent Gross Balances
(a) Delinquent 1 - 29 days $194,396,072.28
% of Gross Receivables 3.02%
(b) Delinquent 30 - 59 days $67,597,564.45
0% of Gross Receivables 1.05%
(c) Delinquent 60+ days $147,719,290.12
% of Gross Receivables 2.29%
4. Class A Investor Default Amount $4,201,689.38
5. Class A Investor Charge-offs; Reimbursement
of Charge-offs
(a) Class A Investor Charge-offs, if any, for $0.00
the Distribution Date
(b) The amount of Item 5.(a) per $1,000 $0.00
interest
(c) Total reimbursed to Trust in respect of $0.00
Class A Investor Charge-offs
(d) The amount of Item 5.(c) per $1,000 $0.00
interest
(e) The amount, if any, by which the $0.00
outstanding principal balance of the
Class A Certificates exceeds the
class A Invested Amount as of
the end of the Distribution Date
6. Allocable Servicing Fee paid for the $1,616,893.73
Distribution Date
7. Deficit Controlled Accumulation Amount for $0.00
the Distribution Date
D.Class A Pool Factor 1.000000000
E. Receivables Balances
1. Principal Receivables as of the last day of $6,299,411,147.77
the preceding Due Period
2. Finance Charge and Administrative $139,927,494.94
Receivables as of the last day
of the preceding Due Period
F.Class B Certificates
1. Class B Invested Amount as of the end of $46,100,000.00
the Distribution Date
2. Available Collateral Invested Amount as of $80,036,239.78
the end of the Distribution Date
6. Allocable Servicing Fee paid for the
Distribution Date
</TABLE>
<PAGE>
<PAGE> 10
<TABLE>
Household Finance Corporation
Household Card Funding Corp. July 31, 2000
Household Credit Card Master Trust I , Series August 15, 2000
1998-1
<S> <C>
CLASS B CERTIFICATEHOLDER'S STATEMENT
A.Information Regarding Distributions
1. Total distribution per $1,000 interest $5.595590239
2. Principal distribution per $1,000 interest $0.000000000
3. Interest distribution per $1,000 interest $5.595590239
B. Calculation of Class B Interest
1. Calculation of Class B Certificate Rate
(a) One-month LIBOR 6.626250000%
(b) Spread 0.3200%
(c) Class B Certificate Rate 6.946250000%
2. Beginning Invested Amount $46,100,000.00
3. Days in Interest Period 29
C. Performance of Trust
1. Collections of Receivables
(a) Total Collections $2,025,836,067.96
(b) Collections of Finance Charge and $118,439,750.99
Administrative Receivables
(c) Collections of Principal $1,907,396,316.97
2. Allocation of Receivables
(a) Class B Invested Percentage 4.75%
(b) Principal Allocation Percentage 90.06%
3. Delinquent Gross Balances
(a) Delinquent 1 - 29 days $194,396,072.28
% of Gross Receivables 3.02%
(b) Delinquent 30 - 59 days $67,597,564.45
% of Gross Receivables 1.05%
(c) Delinquent 60+ days $147,719,290.12
% of Gross Receivables 2.29%
4. Class B Investor Default Amount $229,499.86
5. Class B Investor Charge-offs; Reimbursement
of Charge-offs
(a) Class B Investor Charge-offs, if any, for $0.00
the Distribution Date
(b) The amount of Item 5.(a) per $1,000 $0.00
interest
(c) Total reimbursed to Trust in respect of $0.00
Class B Investor Charge-offs
(d) The amount of Item 5.(c) per $1,000 $0.00
interest
(e) The amount, if any, by which the $0.00
outstanding principal balance of the
Class B Certificates exceeds the
Class B Invested Amount as of
the end of the Distribution Date
6. Available Cash Collateral Amount
(a) Available Cash Collateral Amount at the $0.00
end of the Distribution Date
(b) Available Cash Collateral Amount as a 0.00%
percent of the Class B
Invested Amount, each at the end of
the Distribution Date
7. Available Collateral Invested Amount $80,036,239.78
8. Deficit Controlled Accumulation Amount for $0.00
the Distribution Date
D.Class B Pool Factor $1.000000000
E. Receivables Balances
1. Principal Receivables as of the last day of $6,299,411,147.77
the preceding Due Period
2. Finance Charge and Administrative $139,927,494.94
Receivables as of the last day
of the preceding Due Period
</TABLE>
