SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K
(Mark One)
[X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 2000
For the fiscal year ended December 31, 2001
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from ______ to _______
Commission File Nos. 0-21979
HOUSEHOLD CONSUMER LOAN TRUST 1996-1
(Exact name of Registrant as specified in Department
Of the Treasury, Internal Revenue Service Form SS-4)
HOUSEHOLD FINANCE CORPORATION
(Servicer of the Trust)
(Exact name as specified in Servicer's charter)
DELAWARE (State or other jurisdiction of incorporation of Servicer)	36-3670374 (I.R.S. Employer Identification Number of Registrant)
2700 SANDERS ROAD, PROSPECT HEIGHTS, ILLINOIS 60070
(Address of principal executive offices of Servicer) (Zip Code)
Servicer's telephone number, including area code (847) 564-5000
Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
Yes X No _____
The aggregate principal amount of the Notes held by non-affiliates of the Master Servicer as of December 31, 2000 was approximately $774.6 Million.
The aggregate principal amount of the Notes held by non-affiliates of the Master Servicer as of December 31, 2001 was approximately $774.6 Million.

INTRODUCTORY NOTE
Household Consumer Loan Trust 1996-1 (the "Issuer") is the issuer of Household Consumer Loan Asset-Backed Notes, Series 1996-1 (the "Notes") were issued pursuant to an indenture, dated as of March 1, 1996 between the Issuer and The Bank of New York, as indenture trustee. The Notes were secured by a participation interest (the "Series 1996-1 Participation") in certain consumer loan receivables held by Household Consumer Loan Deposit Trust I (the "Deposit Trust"). The Deposit Trust was formed pursuant to a Pooling and Servicing Agreement, dated as of September 1, 1995, by and among Household Consumer Loan Corporation, as Seller (the "Seller"), Household Finance Corporation, as servicer (the Servicer") and The Chase Manhattan Bank, N. A., as deposit trustee (the "Deposit Trustee").
The Issuer was formed pursuant to a Trust Agreement, dated as of March 1, 1996 (the "Trust Agreement") between the Seller and The Chase Manhattan Bank (USA), as owner trustee (the "Owner Trustee"). In addition to the Notes, pursuant tot he Trust Agreement, the Issuer also issued the Household Consumer Loan Asset-Backed Certificates, Series 1996-1 (the "Certificates") which were not registered under the Securities Act of 1933, as amended.
On behalf of the Issuer Household Finance Corporation, as Administrator, has prepared this Form 10-K in reliance upon various no-action letters issued by the Securities and Exchange Commission (the "Commission") to other trusts which are substantially similar to the Issuer. Items designated herein as "Not Applicable" have been omitted as a result of this reliance.
PART I
Item 1. Business.
Not Applicable.
Item 2. Properties.
Not Applicable.
Item 3. Legal Proceedings.
The Master Servicer is not aware of any material pending legal proceedings involving either the Registrant, the Trustee, the Seller or the Master Servicer with respect to the Certificates or the Registrant's property.
Item 4. Submission of Matters to a Vote of Security Holders.
No vote or consent of the holders of the Noteholders (the "Noteholders") was solicited for any purpose during the year ended December 31, 2000.
No vote or consent of the holders of the Noteholders (the "Noteholders") was solicited for any purpose during the year ended December 31, 2001.
PART II
Item 5. Market for Registrant's Common Equity and Related Stockholder Matters.
To the best knowledge of the Master Servicer, there is no established public trading market for the Notes. As of February 28, 2001, there were 9 Class A Noteholders and 4 Class B Noteholders, some of whom may be holding Notes for the accounts of others.
To the best knowledge of the Master Servicer, there is no established public trading market for the Notes. As of February 26, 2002, there were 8 Class A Noteholders and 3 Class B Noteholders, some of whom may be holding Notes for the accounts of others.
Item 6. Selected Financial Data.
Not Applicable.
Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations.
Not Applicable.
Item 8. Financial Statements and Supplementary Data.
Not Applicable.
Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure.
None.
PART III
Item 10. Directors and Executive Officers of the Registrant.
Not Applicable.
Item 11. Executive Compensation.
Not Applicable.
Item 12. Security Ownership of Certain Beneficial Owners and Management.
The following table sets forth (i) the name and address of each entity which holds of record 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. The information set forth in the table is based upon information obtained by the Master Servicer from the Trustee and from The Depository Trust Company as of February 28, 2001. The Master Servicer is not aware of any Schedules 13D or 13G filed with the Securities and Exchange Commission in respect of the Notes.
The following table sets forth (i) the name and address of each entity which holds of record 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. The information set forth in the table is based upon information obtained by the Master Servicer from the Trustee and from The Depository Trust Company as of February 26, 2002. The Master Servicer 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~~	Amount Owned All dollar amounts are in thousands
Name and Address				~~Principal~~	~~Percent~~Principal	Percent
Class A Noteholders
Bank of New York 925 Patterson Plank Road Secaucus, NY 07094				~~$50,000~~	~~7.83%~~$50,000	7.83%
Bankers Trust Company 648 Grassmere Park Road Nashville, TN 37211				~~$140,000~~	~~21.93%~~$140,000	21.93%
Chase Manhattan Bank 4 New York Plaza, 13th Floor New York, NY 10004				$295,000	46.21%
JP Morgan Chase Bank 14201 Dallas Parkway, 12th Floor Mail Code 121 Dallas, TX 75254					$295,000	46.21%
State Street Bank and Trust Company Global Corp. Action Unit JAB 5NW 1776 Heritage Drive No. Quincy, MA 02171				~~$90,000~~	~~14.10%~~$97,500	15.25%
				~~Amount Owned All dollar amounts are in thousands~~	Amount Owned All dollar amounts are in thousands
Name and Address				~~Principal~~	~~Percent~~Principal	Percent
Class B Noteholders
Bankers Trust Company 648 Grassmere Park Road Nashville, TN 37211				~~$25,000~~	~~18.35%~~$85,000	62.39%
Bank One Trust Company, N.A. 1900 Polaris Parkway, 4th Floor Columbus, OH 43240				$60,000	44.04%
JP Morgan Chase Bank 14201 Dallas Parkway, 12th Floor Mail Code 121 Dallas, TX 75254					$51,244	37.60%
Chase Manhattan Bank 4 New York Plaza, 13th Floor New York, NY 10004				$51,244	37.61%
Item 13. Certain Relationships and Related Transactions.
Item 13. Certain Relationships and Related Transactions.
None or Not Applicable.
None or Not Applicable.
PART IV
PART IV
Item 14. Exhibits, Financial Statement Schedules, and Reports on Form 8-K.
Item 14. Exhibits, Financial Statement Schedules, and Reports on Form 8-K.
(a) List the following documents filed as a part of the report:
(a) List the following documents filed as a part of the report:
(1) Financial Statements
(1) Financial Statements
Not Applicable.
Not Applicable.
(2) Financial Statement Schedules
(2) Financial Statement Schedules
Not Applicable.
Not Applicable.
(3) The Master Servicer is obligated to prepare an Annual Statement to Noteholders for the year ended December 31, 2001, and Independent Public Accountants are required to prepare an Annual Servicing Report pertaining to the compliance of the Master 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.
(3) The Master Servicer is obligated to prepare an Annual Statement to Noteholders for the year ended December 31, 2000, and Independent Public Accountants are required to prepare an Annual Servicing Report pertaining to the compliance of the Master 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 2001:
(b) The Registrant filed the following current reports on Form 8-K for the fourth quarter of 2000:
Date of Reports				Items Covered
Date of Reports			Items Covered
October 24, 2001 November 28, 2001 December 21, 2001.				Item 7. Statement to Noteholders with respect to distribution made on October 24, 2001, November 28, 2001 and December 21, 2001.
October 13, 2000 November 14, 2000 December 14, 2000.			Item 7. Statement to Noteholders with respect to distribution made on October 13, 2000, November 14, 2000 and December 14, 2000.
(c) Exhibit 99		Copy of Annual Statement to Noteholders for the year 2001.
(c) Exhibit 99. Copy of Annual Statement to Noteholders for the year 2000.
Exhibit 99		Copy of Independent Public Accountants Annual Servicing Reported dated March 22, 2002.
(d) Not Applicable.
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Master Servicer has duly caused this report to be signed on behalf of the Household Consumer Loan Trust 1996-1 by the undersigned, thereunto duly authorized.
		~~HOUSEHOLD FINANCE CORPORATION, as Servicer of and on behalf of the HOUSEHOLD CONSUMER LOAN TRUST 1996-1 (Registrant)~~	HOUSEHOLD FINANCE CORPORATION, as Servicer of and on behalf of the HOUSEHOLD CONSUMER LOAN TRUST 1996-1 (Registrant)
		~~By: /s/ John W. Blenke~~	By: /s/ John W. Blenke
		~~John W. Blenke Vice President and Assistant Secretary~~	John W. Blenke Vice President and Assistant Secretary
Dated: March 28, 2001
Dated: March 28, 2002
Exhibit Index
Exhibit No. 99	Exhibit Copy of Annual Statement to Noteholders for the year ended December 31, ~~2000~~2001.
99	Copy of Independent Public Accountants Annual Servicing Reported dated March 22, 2002.

Filing Compare · HOUSEHOLD CONSUMER LOAN TRUST 1996-1