Exhibit 99(i)
ANNUAL SERVICER'S CERTIFICATE
HOUSEHOLD FINANCE CORPORATION
HOUSEHOLD RECEIVABLES FUNDING, INC. III
HOUSEHOLD CREDIT CARD MASTER NOTE TRUST I
________________________________________________________
The undersigned, a duly authorized representative of Household
Finance Corporation, as Servicer ("HFC"), pursuant to a Amended and Restated
Transfer and Servicing Agreement dated as of November 16, 2000 (as amended and
supplemented, the "Agreement"), by and among Household Receivables Funding, Inc.
III, as transferor, HFC, and Household Credit Card Master Note Trust I (the
"Trust"), does hereby certify that:
1. HFC is, as of the date hereof, the Servicer under the
Agreement. Capitalized terms used in this Certificate have their
respective meanings as set forth in the Agreement.
2. The undersigned is an Authorized Officer who is duly
authorized pursuant to the Agreement to execute and deliver this
Certificate to the Trust.
3. A review of the activities of the Servicer during the year
ended December 31, 2002 and of its performance under the Agreement was
conducted under my supervision.
4. Based on such review, the Servicer has, to the best of my
knowledge, performed in all material respects its obligations under the
Agreement throughout such year and no default in the performance of such
obligations has occurred or is continuing except as set forth in paragraph
5 below.
5. The following is a description of each default in the
performance of the Servicer's obligations under the provisions of the
Agreement known to me to have been made by the Servicer during the year
ended December 31, 2002, which sets forth in detail (i) the nature of each
such default,(ii) the action taken by the Servicer, if any, to remedy each
such default and (iii) the current status of each such default:
NONE
IN WITNESS WHEREOF, the undersigned has duly executed this
Certificate this 31st day of March, 2003.
HOUSEHOLD FINANCE CORPORATION
as Servicer,
By: /s/ Xxxxxx X. Xxxxx
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Xxxxxx X. Xxxxx
Assistant Treasurer