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 Notes 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 Notes (the "Noteholders") was solicited for any purpose during the year ended December 31, 1997.
PART II
Item 5.
Item 5. Market for Registrant's Common Equity and Related Stockholder Matters.
To the best knowledge of the Administrator, there is no established public trading market for the Notes. As of February 10, 1998, there were 14 Class A Noteholders and 6 Class B Noteholders, some of whom may be holding Notes 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 Notes; (ii) the principal amount of Notes owned by each and (iii) the percent that the principal amount of Notes owned represents of the outstanding principal amount of the Class A or the Class B Notes. The information set forth in the table is based upon information obtained by the Administrator from the Trustee and from The Depository Trust Company as of February 10, 1998. The Administrator is not aware of any Schedules 13D or 13G filed with the Securities and Exchange Commission in respect of the Notes.
Amount Owned
All dollar amounts are in thousands
Name and Address Principal Percent
Class A Noteholders
Bankers Trust Company $ 47,060 6.27 c/o BT Services Tennessee Inc. 648 Grassmere Park Drive Nashville, TN 37211
Chase Manhattan Bank/Chemical $ 75,500 10.07 Proxy Department - 13th Floor 4 New York Plaza New York, NY 10004
Citibank, N.A. $ 61,300 8.17 P. O. Box 30576 Tampa, FL 33630-3576
Republic National Bank of $ 58,600 7.81 New York - Investment Account One Hanson Place, Lower Level Brooklyn, NY 11243
SSB-Custodian $436,400 58.19 Global Corp. Action Dept. JAB5W P. O. Box 1631 Boston, MA 02105-1631
Amount Owned
All dollar amounts are in thousands
Name and Address Principal Percent
Class B Noteholders
Chase Manhattan Bank, N.A. $ 37,196 21.60 4 New York Plaza - 13th Floor New York, NY 10004
Chase Manhattan Bank/Chemical $ 15,000 8.71 Proxy Department - 13th Floor 4 New York Plaza New York, NY 10004
Fuji Bank and Trust Company $ 50,000 29.04 2 World Trade Center, 81st Floor New York, NY 10048
NBD Bank Municipal Bond Department $ 25,000 14.52 611 Woodward Avenue Detroit, MI 48226
Societe Generale Custody $ 25,000 14.52 1221 Avenue of the Americas - 7th Floor New York, NY 10020
Swiss American Securities, Inc. $ 20,000 11.61 100 Wall Street New York, NY 10005
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 Administrator, on behalf of the Issuer, is obligated to prepare, and has so prepared, an Annual Statement as to Compliance for the year 1997. Such document has been filed as an exhibit to this Form 10-K.
(b) The Registrant filed the following current reports on Form 8-K for the fourth quarter of 1997:
Date of Reports Items Covered
October 14, 1997 Item 7. - Statement to November 14, 1997 Noteholders with respect December 12, 1997 to the distributions on October 14 and 15, 1997, November 14 and 17, 1997, and December 12 and 15, 1997.
(c) Exhibit 99. Copy of Annual Statement as to Compliance for the year ended December 31, 1997.
(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 Consumer Loan Trust 1995-1 by the undersigned, thereunto duly authorized.
HOUSEHOLD FINANCE CORPORATION, as Administrator of and on behalf of the
HOUSEHOLD CONSUMER LOAN TRUST 1995-1 (Registrant)
Date: March 2, 1998 By: /s/John W. Blenke John W. Blenke Assistant Secretary
U:\WP\HFS088\10K\HCL95-1 Exhibit Index
Exhibit No. Exhibit Page No.
99 Copy of Annual Statement as to 10 Compliance for the year ended December 31, 1997