Item 1. Business.
Not Applicable.
Item 2.
Item 2. Properties.
Not Applicable.
Item 3.
Item 3. Legal Proceedings.
The Servicer is not aware of any material pending legal proceedings involving either the Registrant, the Trustee, the Seller or the Servicer with respect to the Certificates or the Registrant's property.
Item 4.
Item 4. Submission of Matters to a Vote of Security Holders.
No vote or consent of the holders of the Certificates (the "Certificateholders") was solicited for any purpose during the year ended December 31, 1996.
PART II
Item 5.
Item 5. Market for Registrant's Common Equity and Related Stockholder Matters.
To the best knowledge of the Servicer, there is no established public trading market for the Certificates. As of January 31, 1997, there were 5 Class A Certificateholders and 9 Class B Certificateholders, some of whom may be holding Certificates for the accounts of others.
Item 6.
Item 6. Selected Financial Data.
Not Applicable.
Item 7.
Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations.
Not Applicable.
Item 8.
Item 8. Financial Statements and Supplementary Data.
Not Applicable.
Item 9.
Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure.
None.
PART III
Item 10.
Item 10. Directors and Executive Officers of the Registrant.
Not Applicable.
Item 11.
Item 11. Executive Compensation.
Not Applicable.
Item 12.
Item 12. Security Ownership of Certain Beneficial Owners and Management.
The following table sets forth (i) the name and address of each entity owning more than 5% of the outstanding principal amount of the Class A or the Class B Certificates; (ii) the principal amount of Certificates owned by each and (iii) the percent that the principal amount of Certificates owned represents of the outstanding principal amount of the Class A or the Class B Certificates. The information set forth in the table is based upon information obtained by the Servicer from the Trustee and from The Depository Trust Company as of January 31, 1997. The Servicer is not aware of any Schedules 13D or 13G filed with the Securities and Exchange Commission in respect of the Certificates.
Amount Owned
All dollar amounts are in thousands
Name and Address Principal Percent
Class A Certificateholders
Bank of New York $1,197,000 79.80 925 Patterson Plank Road Secaucus, NJ 07094
Chase Manhattan Bank, N.A. $ 300,000 20.00 One Chase Manhattan Plaza 3B - Proxy Department New York, NY 10081
Amount Owned
All dollar amounts are in thousands
Name and Address Principal Percent
Class B Certificateholders
Bankers Trust Company $ 16,175 7.55 c/o BT Services Tennessee Inc. Pension Trust Services 648 Grassmere Park Drive Nashville, TN 37211
Bankers Trust Co./Investment A/C $ 15,000 7.00 16 Wall Street - 5th Floor New York, Ny 10005
Chase Manhattan Bank $ 35,000 16.33 One Chase Manhattan Plaza 3B - Proxy Department New York, NY 10081
Chase Manhattan Bank/Chemical $ 32,286 15.07 Auto Settle Department 4 New York Plaza, 4th Floor New York, NY 10004
First National Bank of Chicago $ 25,000 11.67 c/o ADP Proxy Services 51 Mercedes Way Edgewood, NY 11717
Swiss American Securities, Inc. $ 72,000 33.60 c/o ADP Proxy Services 51 Mercedes Way Edgewood, NY 11717
Item 13.
Item 13. Certain Relationships and Related Transactions.
None or Not Applicable.
PART IV
Item 14.
Item 14. Exhibits, Financial Statement Schedules, and Reports on Form 8-K.
(a) List the following documents filed as a part of the report:
(1) Financial Statements
Not Applicable.
(2) Financial Statement Schedules
Not Applicable.
(3) The Servicer is obligated to prepare an Annual Statement to Certificateholders for the year 1996, and Independent Public Accountants are required to prepare an Annual Servicing Report pertaining to the compliance of the Servicer with its servicing obligations pursuant to the Agreement. Copies of said documents are or will be filed as exhibits to this Form 10-k when they are available.
(b) The Registrant filed the following current reports on Form 8-K for the fourth quarter of 1996:
Date of Reports Items Covered
October 15, 1996 Item 7 -- Statement to November 15, 1996 Certificateholders with respect December 16, 1996 to distributions made on October 15, 1996, November 15, 1996 and December 16, 1996.
(c) Exhibit 99. Copy of Annual Statement to Certificateholders for the year 1996.
(d) Not Applicable.
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Servicer has duly caused this report to be signed on behalf of the Household Credit Card Trust 1995-1 by the undersigned, thereunto duly authorized.
HOUSEHOLD FINANCE CORPORATION, as Servicer of and on behalf of the
HOUSEHOLD CREDIT CARD TRUST 1995-1 (Registrant)
Date: February 17, 1997 By:John W. Blenke John W. Blenke Assistant Secretary
U:\WP\HFS088\95-10K\CC95-1
Exhibit Index
Exhibit No. Exhibit Page No.
99 Copy of Annual Statement to Certificateholders for the year ended December 31, 1996.