1
Household Finance Corporation
Household Revolving Home Equity Loan
Revolving Home Equity Loan Asset Backed
Certificates - Series 1995-1
P & S Agreement Date: May 1, 1995
Original Settlement Date: May 25, 1995
Series Number of Class A-1 Certificates:
000000XX0
Series Number of Class A-2 Certificates:
000000XX0
Original Sale Balance: $474,825,000
Servicer Certificate (Page 1 of 3)
Distribution Date: 11/22/99
Investor Certificateholder Floating Allocation 89.48%
Percentage
Investor Certificateholder Fixed Allocation 97.90%
Percentage
Aggregate Amount of Collections 3,430,130.69
Aggregate Amount of Interest Collections 1,001,220.50
Aggregate Amount of Principal Collections 2,428,910.19
Class A Interest Collections 895,934.67
Class A Principal Collections 2,264,457.24
Seller Interest Collections 105,285.83
Seller Principal Collections 164,452.95
Weighted Average Loan Rate 13.84%
Net Loan Rate 12.84%
Weighted Average Maximum Loan Rate 19.70%
Class A-1 Certificate Rate 5.63%
Maximum Investor Certificate Rate 12.84%
Class A-1 Certificate Interest Distributed 364,754.40
Class A-1 Investor Certificate Interest 0.00
Shortfall before Policy Draw
Unpaid Class A-1 Certificate Interest Shortfall 0.00
Received
Unpaid Class A-1 Certificate Interest Shortfall 0.00
Remaining
Unpaid Class A-1 Carryover Interest Amount 0.00
Class A-2 Certificate Rate 5.57%
Maximum Investor Certificate Rate 12.84%
Class A-2 Certificate Interest Distributed 15,874.98
Class A-2 Investor Certificate Interest 0.00
Shortfall before Policy Draw
Unpaid Class A-2 Certificate Interest Shortfall 0.00
Received
Unpaid Class A-2 Certificate Interest Shortfall 0.00
Remaining
Unpaid Class A-2 Carryover Interest Amount 0.00
Maximum Principal Dist. Amount (MPDA) 2,378,012.38
Alternative Principal Dist. Amount (APDA) 2,264,457.24
Rapid Amortization Period? (Y=1, N=0) 0.00
Scheduled Principal Distribution Amount (SPDA) 2,264,457.24
Principal allocable to Class A-1 2,169,076.04
Principal allocable to Class A-2 95,381.20
SPDA deposited to Funding Account 0.00
Accelerated Principal Distribution Amount 0.00
2
APDA allocable to Class A-1 0.00
APDA allocable to Class A-2 0.00
Reimbursement to Credit Enhancer 0.00
Reduction in Certificate Principal Balance
due to Current Class A-1 Liquidation Loss 59,135.57
Amount
Reduction in Certificate Principal Balance
due to Current Class A-2 Liquidation Loss 2,600.38
Amount
Cumulative Investor Liquidation Loss Amount 61,735.95
Total Principal allocable to A-1 2,228,211.61
Total Principal allocable to A-2 97,981.58
Beginning Class A-1 Certificate Principal 70,708,820.79
Balance
Beginning Class A-2 Certificate Principal 3,109,184.36
Balance
Ending Class A-1 Certificate Principal Balance 68,480,609.18
Ending Class A-2 Certificate Principal Balance 3,011,202.78
Class A-1 Factor 0.1505647
Class A-2 Factor 0.1505601
Pool Factor (PF) 0.1710291
Servicer Certificate (Page 2 of 3)
Distribution Date: 11/22/99
Retransfer Deposit Amount 0.00
Servicing Fees Distributed 63,533.83
Beg. Accrued and Unpaid Inv. Servicing Fees 0.00
Accrued and Unpaid Inv. Servicing Fees Recv'd 0.00
End. Accrued and Unpaid Inv. Servicing Fees 0.00
Aggregate Investor Liquidation Loss Amount 61,735.95
Investor Loss Reduction Amount 0.00
Beginning Pool Balance 85,200,010.76
Ending Pool Balance 82,866,540.01
Beginning Invested Amount 76,240,592.15
Ending Invested Amount 73,914,398.96
Beginning Seller Principal Balance 8,959,418.61
Ending Seller Principal Balance 8,952,141.05
Additional Balances 164,452.95
Beginning Funding Account Balance 0.00
Ending Funding Account Balance 0.00
Ending Funding Account Balance % (before any 0.00%
purchase of Subsequent Loans)
Principal Balance of Subsequent Loans 0.00
Beginning Reserve Account Balance 1,211,294.00
Ending Reserve Account Balance 1,211,294.00
Beginning Seller Interest 9.4839%
Ending Seller's Interest 10.8031%
Delinquency & REO Status
30 - 59 days (Del Stat 1)
No. of Accounts 233
Trust Balance 7,199,473.26
60 - 89 days (Del Stat 2)
No. of Accounts 47
Trust Balance 1,464,021.42
90+ days (Del Stat 3+)
No. of Accounts 126
Trust Balance 3,503,383.95
270+ days (Del Stat 9+)
No. of Accounts 117
Trust Balance 3,777,819.73
REO
No. of Accounts 22
Trust Balance 685,126.85
3
Rapid Amortization Event ? No
Failure to make payment within 5 Business No
Days of Required Date ?
Failure to perform covenant relating to No
Trust's Security Interest ?
Failure to perform other covenants as No
described in the Agreement ?
Breach of Representation or Warranty ? No
Bankruptcy, Insolvency or Receivership No
relating to Seller ?
Subject to Investment Company Act of 1940 No
Regulation ?
Servicing Termination ? No
Servicer Certificate (Page 3 of 3)
Distribution Date: 11/22/99
Event of Default ? No
Failure by Servicer to make payment within 5 No
Bus. Days of Required Date ?
Failure by Servicer to perform covenant No
relating to Trust's Security Interest ?
Failure by Servicer to perform other No
covenants as described in the Agreement?
Bankruptcy, Insolvency or Receivership No
relating to Master Servicer ?
Trigger Event ? No
Policy Fee Distributed to Credit Enhancer (Paid N/A
directly from HFC)
Premium Distributed to Credit Enhancer 0.00
Amount Distributed to Seller 269,738.78
Master Servicer Credit Facility Amount 0.00
Guaranteed Principal Distribution Amount 0.00
Credit Enhancement Draw Amount 0.00
Application of Available Funds
Aggregate Amount of Collections 3,430,130.69
Deposit for principal not used to purchase
subsequent loans
Servicing Fee 63,533.83
Prinicpal and Interest to Class A-1 2,592,966.01
Prinicpal and Interest to Class A-2 113,856.56
Seller's portion of Principal and Interest 269,738.78
Funds deposited into Funding Account (Net) 0.00
Funds deposited into Spread Account 0.00
Excess funds released to Seller 390,035.51
Total 3,430,130.69
OFFICERS'S CERTIFICATE
All computations reflected in this Servicer
Certificate were
made in conformity with the Pooling and
Servicing Agreement.
The attached Servicing Certificate is true and
correct in all
material respects.
A Servicing Officer
4
Statement to Certificateholders (Page 1 of 2)
Distribution Date: 11/22/99
INVESTOR CERTIFICATES DISTRIBUTION SUMMARY (PER
$1000)
Class A Certificateholder Floating Allocation 89.4843%
Percentage
Class A Certificateholder Fixed Allocation 97.9045%
Percentage
Beginning Class A-1 Certificate Balance 70,708,820.79
Beginning Class A-2 Certificate Balance 3,109,184.36
Class A-1 Certificate Rate 5.62750%
Class A-2 Certificate Rate 5.57000%
Class A-1 Certificate Interest Distributed 0.801966
Class A-2 Certificate Interest Distributed 0.793749
Class A-1 Certificate Interest Shortfall 0.000000
Distributed
Class A-2 Certificate Interest Shortfall 0.000000
Distributed
Remaining Unpaid Class A-1 Certificate Interest 0.000000
Shortfall
Remaining Unpaid Class A-2 Certificate Interest 0.000000
Shortfall
Rapid Amortization Event ? No
Class A-1 Certificate Principal Distributed 4.899053
Class A-2 Certificate Principal Distributed 4.899079
Maximum Principal Distribution Amount 5.008187
Scheduled Principal Distribution Amount 4.769035
(SPDA)
Accelerated Principal Distribution Amount 0.000000
Aggregate Investor Liquidation Loss Amount 0.130018
Distributed
Total Amount Distributed to Certificateholders 5.700674
Principal Collections deposited into Funding 0.00
Account
Ending Funding Account Balance 0.00
Ending Class A-1 Certificate Balance 68,480,609.18
Ending Class A-2 Certificate Balance 3,011,202.78
Class A-1 Factor 0.1505647
Class A-2 Factor 0.1505601
Pool Factor (PF) 0.1710291
Unreimbursed Liquidation Loss Amount 0.00
Accrued Interest on Unreimbursed Liquidation 0.00
Loss Amount
Accrued & Unpaid Interest on Unreimbursed 0.00
Liquidation Loss Amount
Class A Servicing Fee 63,533.83
Beginning Invested Amount 76,240,592.15
Ending Invested Amount 73,914,398.96
Beginning Pool Balance 85,200,010.76
Ending Pool Balance 82,866,540.01
Credit Enhancement Draw Amount 0.00
5
Statement to Certificateholders (Page 2 of 2)
Distribution Date: 11/22/99
DELINQUENCY & REO STATUS
30 - 59 days (Del Stat 1)
No. of Accounts 233
Trust Balance 7,199,473.26
60 - 89 days (Del Stat 2)
No. of Accounts 47
Trust Balance 1,464,021.42
90+ days (Del Stat 3+)
No. of Accounts 126
Trust Balance 3,503,383.95
REO
No. of Accounts 22
Trust Balance 685,126.85
Aggregate Liquidation Loss Amount for 41,562.86
Liquidated Loans
Class A-1 Certificate Rate for Next To be updated
Distribution Date
Class A-2 Certificate Rate for Next To be updated
Distribution Date
Amount of any Draws on the Policy 0.00
Subsequent Mortgage Loans
No. of Accounts 0.00
Trust Balance 0.00
