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HOUSEHOLD FINANCE CORPORATION
HFC CARD FUNDING CORPORATION
HOUSEHOLD CREDIT CARD MASTER TRUST 1
Class A and Class B Certificates, Series 1995-1
The undersigned, a duly authorized representative of
Household Finance Corporation,
as Servicer (the "Servicer"), pursuant to the Pooling and
Servicing Agreement, dated as of December
1, 1995 (the "Pooling and Servicing Agreement"), by and among
HFC Card Funding Corporation,
as Transferor, the Servicer, and The Bank of New York, as
Trustee, does hereby certify
with respect to the information set forth below as follows:
1.Capitalized terms used in this Certificate shall have the
respective meanings set forth in the Pooling and Servicing Agreement.
2.Household Finance Corporation is, as of the date hereof, the
Servicer under the Pooling and Servicing Agreement.
3.The undersigned is a Servicing Officer.
4.This Certificate relates to the Distribution Date occurring on
August 15, 2000
0.Xxxxx Information.
(a)The aggregate amount of Collections processed for the Due
Period Preceding such Distribution Date was equal to $119,893,614.50
(b)The aggregate amount of such Collections with respect to
Principal Receivables for the Due Period preceding such Distribution Date
was equal to $93,022,778.74
............................................................
(i)The total payment rate, [ ( (b) + (c)(ii) + (c)(iii) ) / (f)] is 9.092%
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(c)The aggregate amount of such Collections with respect to
Finance Charge
and Administrative Receivables for the Due Period preceding
such Distribution Date was equal to ................... $26,870,835.76
(i)The gross cash yield, [ ((ii)+(iii)+(iv)+(v)+(vii)) * 12 / ] is 24.585%
(ii)The amount of such aggregate with respect to Finance Charge $20,976,968.96
was equal to
(iii)The amount of such aggregate with respect to Fees was equal to $4,035,170.84
(iv)The amount of such aggregate with respect to Interchange was $1,002,524.67
equal to ..
(v)The amount of such aggregate with respect to Other Recoveries $55,928.00
was equal to
(vi)The amount of such aggregate with respect to Principal $273,062.00
Recoveries was equal to ..
(d)The Gross Defaulted Amount for the preceding Due Period is $7,602,725.98
(i)The annualized default rate, (d) *12 / (f), is 7.027%
Group One Investor Additional Amounts is equal to $0.00
(f)Group One Investor Default Amount is equal to $3,579,530.98
(g)Group One Investor Monthly Fees is equal to $1,097,222.60
(h)Group One Investor Monthly Interest is equal to $3,319,080.98
7.Series 1995-1 Information
(a)The Series Adjusted Portfolio Yield for the Due Period
preceding such Distribution Date was equal to 16.536%
(b)The Series 1995-1 Allocation Percentage with respect to the
Due Period preceding such Distribution Date was equal to 60.076%
(c)The Floating Allocation Percentage for the Due Period preceding
such Distribution Date was equal to 78.372%
(d)The aggregate amount of Reallocated Finance Charge and
Administrative Collections for the Due Period preceding
such Distribution Date is equal to $12,651,381.79
(e)The Floating Allocation Percentage of Series Allocable
Finance Charge and Administrative Collections for the Due Period
preceding such Distribution Date is equal to. $12,651,381.79
(f)Class A Invested Amount $291,666,666.67
(g)The Class A Invested Percentage with respect to the Due
Period preceding such Distribution Date was equal to 53.165%
(h)The Class A Invested Percentage of the amount set forth in
Item 7(d) above was equal to $6,726,048.79
(i)The amount of Class A Monthly Interest for such Distribution
Date is equal to $1,596,804.11
(j)The amount of any Class A Monthly Interest previously due but
not distributed on a prior Distribution Date is equal to $0.00
(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 equal to $0.00
(m)The Class A Investor Default Amount for such Distribution
Date is equal to $1,903,041.14
(n)The Allocable Servicing Fee for such Distribution Date is $1,097,222.60
equal to.......................................
(o)The Class A Required Amount, if any, with respect to such
Distribution Date is equal to $0.00
(p)Class B Invested Amount $214,286,000.00
(q)The Class B Invested Percentage for the Due Period preceding
such Distribution Date was equal to. 32.55%
(r)The Class B Invested Percentage of the amount set forth in
Item 7(d) above is equal to. $4,117,994.55
(s)The amount of Class B Monthly Interest for such Distribution
Date is equal to $1,204,235.24
(t)The amount of any Class B Monthly Interest previously due but
not distributed on a prior Distribution Date is equal to $0.00
The amount of Class B Additional Interest for such
Distribution Date is equal to........ $0.00
(v)The amount of any Class B Additional Interest previously due
but not distributed on a prior Distribution Date is equal to $0.00
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(w)Class B Investor Default Amount for such Distribution Date is
equal to $1,165,128.78
(x)The Collateral Invested Percentage of the amount set forth in
Item 7(d) above is equal to $1,807,338.45
(y)The Series 1995-1 Principal Shortfall for such Distribution
Date is equal to $20,678,838.43
(z)The Series 1995-1 Excess Principal Collections is equal to $20,678,838.43
(aa)The amount of Excess Finance Charge and Administrative
Collections with respect to such Distribution Date is equal to $6,850,078.71
(bb)The amount of Excess Finance Charge and Administrative
Collections referred to in Item 7(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 Date $0.00
(ii)to reimburse Class A Investor Charge-offs $0.00
(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 Date $1,165,128.78
(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 to $518,041.64
(vii)to pay any portion of the Allocable Servicing Fee not
paid pursuant to clause (i) above $0.00
(viii)to fund the Collateral Investor Default Amount with
respect to such Distribution Date $511,361.06
(ix)to make any required deposit in the Cash Collateral Account $0.00
(cc)The amount of Subordinated Principal Collections with
respect to such Distribution Date is equal to $20,512,608.74
(dd)The Principal Allocation Percentage is equal to 78.37%
(gg)The total amount to be distributed to Class A Certificateholders
on such Distribution Date in payment of principal is equal to $58,333,333.33
(hh)The total amount to be distributed to Class B Certificateholders
on such Distribution Date in payment of principal is equal to $0.00
(ii)The amount of Class A Investor Charge-Offs for such
Distribution Date is equal to $0.00
(jj)The total amount of reimbursements of Class A Investor
Charge-Offs for such Distribution Date is equal to $0.00
(kk)The amount of Class B Investor Charge-Offs and other reductions
in the Class B Invested Amount for such Distribution Date is equal to $0.00
(ll)The total amount of reimbursements of Class B Investor
Charge-Offs for such Distribution Date is equal to $0.00
(mm)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 to $233,333,333.33
(nn)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 to $214,286,000.00
(oo)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 to $84,325,346.00
(pp)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 to $74,603,135.19
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(qq)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 Distribution Date,
will be equal to 34.815%
(rr)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 Distribution Date, will
be equal to $0.00
0.Xxxxx 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 Distribution Dates is equal to $7,974,628.22
9.The total amount to be allocated according to the terms of the
Collateral Agreement on such Distribution Date is equal to $14,895,799.68
00.Xxxxx 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 Account) is equal to $0.00
00.Xx of the date hereof, to the best knowledge of the undersigned, the
Servicer has performed in all material respects all its obligations
under the Pooling and Servicing Agreement through the Due Period preceding
such Distribution Date or, if there has been a default in the performance
of any such obligation, set forth in detail the (i) nature of such
default,
(ii) the action taken by the Transferor and Servicer, if any, to remedy
such default and (iii) the current status of each such default; if None
applicable, insert "None".
00.Xx of the date hereof, to the best knowledge of the undersigned, no
Amortization Event has been deemed to have occurred on or prior to
such Distribution Date. $0.00
00.Xx of the date hereof, to the best knowledge of the undersigned, no
Lien has been placed on any of the Receivables other than pursuant to
the Pooling and Servicing Agreement (or, if there is a Lien, such Lien
consists of : ____________________________________________). $0.00
14.The amounts specified to be deposited into and withdrawn from the
Collection Account, as well as the amounts specified to be paid to the
Transferor, the Servicer, the Collateral Interest Holder and the
Certificateholders are all in accordance with the requirements of the
Pooling and Servicing Agreement. $0.00
IN WITNESS WHEREOF, the undersigned has duly executed and delivered this
Certificate this 15th day of August, 2000.
HOUSEHOLD FINANCE CORPORATION
as Servicer,
By: _______________________________
Servicing Officer
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Household Finance Corporation
HFC Card Funding Corporation July 2000
Household Credit Card Master Trust I , Series 1995-1 Aug 15, 2000
CLASS A CERTIFICATEHOLDER'S STATEMENT
A.Information Regarding Distributions
1. Total distribution per $1,000 interest $85.614482060
2. Principal distribution per $1,000 interest $83.333333333
3. Interest distribution per $1,000 interest $2.281148727
B. Calculation of Class A Interest
1. Calculation of Class A Certificate Rate
(a) One-month LIBOR 6.63%
(b) Spread 0.17%
(c) Class A Certificate Rate 6.80%
2. Beginning Principal Amount $291,666,666.67
3. Days in Interest Period 29
C. Performance of Trust
1. Collections of Receivables
(a) Total Collections $119,893,614.50
(b) Collections of Finance Charge and Administrative Receivables $26,870,835.76
(c) Collections of Principal $93,022,778.74
2. Allocation of Receivables
(a) Class A Invested Percentage 53.16%
(b) Principal Allocation Percentage 78.37%
3. Delinquent Balances
(a) Delinquent 5 - 29 days $56,157,418.15
4.07%
(b) Delinquent 30 - 59 days $19,416,429.13
1.41%
(c) Delinquent 60+ days $38,592,575.23
2.80%
4. Class A Investor Default Amount $1,903,041.14
5. Class A Investor Charge-offs; Reimbursement of Charge-offs
(a) Class A Investor Charge-offs, if any, for the Distribution Date $0.000000000
(b) The amount of Item 5.(a) per $1,000 interest $0.000000000
(c) Total reimbursed to Trust in respect of Class A Investor Charge-offs $0.000000000
(d) The amount of Item 5.(c) per $1,000 interest $0.000000000
(e) The amount, if any, by which the outstanding principal balance of $0.000000000
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 Distribution Date $1,097,222.60
7. Deficit Controlled Amortization Amount for the Distribution Date $0.000000000
8. Discount Option Date $35,582.000000000
9. Discount Percentage 3.00%
D.Class A Pool Factor $0.333333333
E. Receivables Balances
1. Principal Receivables as of the last day of the preceding Due $1,293,340,781.70
Period
2. Finance Charge and Administrative Receivables as of the last day $45,541,660.37
of the preceding Due Period
F.Class B Certificates
1. Class B Invested Amount as of the end of the Distribution Date $214,286,000.00
2. Available Collateral Invested Amount as of the end of the $74,603,135.19
Distribution Date
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Household Finance Corporation
HFC Card Funding Corporation
Household Credit Card Master Trust I , Series 1995-1
CLASS B CERTIFICATEHOLDER'S STATEMENT
A.Information Regarding Distributions
1. Total distribution per $1,000 interest $5.619756944
2. Principal distribution per $1,000 interest $0.000000000
3. Interest distribution per $1,000 interest $5.619756944
B. Calculation of Class B Interest
1. Calculation of Class B Certificate Rate
(a) One-month LIBOR 6.63%
(b) Spread 0.35%
(c) Class B Certificate Rate 6.98%
2. Beginning Invested Amount $214,286,000.00
3. Days in Interest Period 29
C. Performance of Trust
1. Collections of Receivables
(a) Total Collections $119,893,614.50
(b) Collections of Finance Charge and Administrative Receivables $26,870,835.76
(c) Collections of Principal $93,022,778.74
2. Allocation of Receivables
(a) Class B Invested Percentage 32.55%
(b) Principal Allocation Percentage 78.37%
3. Delinquent Balances
(a) Delinquent 5 - 29 days $56,157,418.15
4.07%
(b) Delinquent 30 - 59 days $19,416,429.13
1.41%
(c) Delinquent 60+ days $38,592,575.23
2.80%
4. Class B Investor Default Amount $1,165,128.78
5. Class B Investor Charge-offs; Reimbursement of Charge-offs
(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
