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, 1999.
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 March 1, 2000, there were 17 Class A Certificateholders and 8 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 March 1, 2000. 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
Boston Safe Deposit and $ 37,940 5.42% Trust Company c/o Mellon Bank N.A. Three Mellon Bank Center Room 153-3015 Pittsburgh, PA 15259
Chase Manhattan Bank, N.A. $ 388,900 55.56% 4 New York Plaza - 13th Floor New York, NY 10004
Investors Bank & Trust/M.F. Custody $ 80,000 11.43% 200 Clarendon Street 15th Floor Hancock Tower Boston, MA 02116
Northern Trust Company $ 104,500 14.93% 801 S. Canal C-IN Chicago, IL 60607
State Street Bank and Trust Company $ 46,900 6.70% 1776 Heritage Drive Global Corporate Action Unit JAB 5NW No. Quincy, MA 02171
Amount Owned
All dollar amounts are in thousands
Name and Address Principal Percent
Class B Certificateholders
Bankers Trust Company $ 26,175 12.21% c/o BT Services Tennessee Inc. 648 Grassmere Park Drive Nashville, TN 37211
Bank One Trust Company, N.A. $ 25,000 11.67% 1900 Polaris Parkway, 4th Floor Columbus, OH 43240
BNY/ITC - Dealers Clearance Special $ 25,000 11.67% c/o N.A. Shapiro & Co. In. One Chase Manhattan Plaza, 58th Floor New York, NY 10005
Chase Manhattan Bank $ 48,286 22.53% 4 New York Plaza - 13th Floor New York, NY 10004
Swiss American Securities Inc. $ 72,000 33.60% 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 Servicer is obligated to prepare an Annual Statement to Certificateholders for the year 1999, 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 1999:
Date of Reports Items Covered
October 15, 1999 Item 7 -- Statement to November 15, 1999 Certificateholders with respect December 15, 1999 to distributions made on October 15, 1999, November 15, 1999 and December 15, 1999.
(c) Exhibit 99. Copy of Annual Statement to Certificateholders for the year 1999.
(d) Not Applicable.
Exhibit Index
Exhibit No. Exhibit
99 Copy of Annual Statement to Certificateholders for the year ended December 31, 1999.
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: March 29, 2000 By:/s/ John W. Blenke John W. Blenke Assistant Secretary