Household Consumer Loan Trust, 1997-1
Series 1997-1 Owner Trust Calculations
Due Period Ending	Jun 30, 2003
Payment Date	Jul 15, 2003

Calculation of Interest Expense

Index (LIBOR)	1.180000%
Accrual end date, accrual beginning date and days in Interest Period	Jul 15, 2003	Jun 16, 2003	29
	Class A-1	Class A-2	Class A-3	Class B	Certificates	Overcoll Amount
Beginning Unpaid Principal Balance	30,312,186	16,000,000	20,800,000	15,200,000	11,200,000	13,623,811
Previously unpaid interest/yield	0.00	0.00	0.00	0.00	0.00
Spread to index	0.125%	0.250%	0.350%	0.650%	1.000%
Rate (capped at 12.5%, 14%, 14%, 14%, 15%)	1.305000%	1.430000%	1.530000%	1.830000%	2.180000%
Interest/Yield Payable on the Principal Balance	31,866	18,431	25,636	22,407	19,668
Interest on previously unpaid interest/yield	0	0	0	0	0
Interest/Yield Due	31,866	18,431	25,636	22,407	19,668
Interest/Yield Paid	31,866	18,431	25,636	22,407	19,668

Summary

Beginning Security Balance	30,312,186	16,000,000	20,800,000	15,200,000	11,200,000	13,623,811
Beginning Adjusted Balance	30,312,186	16,000,000	20,800,000	15,200,000	11,200,000
Principal Paid	7,700,323	0	0	0	0	23,811
Ending Security Balance	22,611,863	16,000,000	20,800,000	15,200,000	11,200,000	13,622,320
Ending Adjusted Balance	22,611,863	16,000,000	20,800,000	15,200,000	11,200,000
Ending Certificate Balance as % Participation Interest Invested Amount					0
Targeted Balance	51,705,775	31,337,008	28,263,452	16,909,699	8,670,092
Minimum Adjusted Balance		16,000,000	20,800,000	15,200,000	11,200,000	13,600,000
Certificate Minimum Balance					1,004,385
Ending OC Amount as Holdback Amount						5,312,688
Ending OC Amount as Accelerated Prin Pmts						8,309,632

Beginning Net Charge offs	0.00	0.00	0.00	0.00	0.00	0.00
Reversals	0.00	0.00	0.00	0.00	0.00	0.00
Charge offs	0.00	0.00	0.00	0.00	0.00	0.00
Ending Net Charge Offs	0.00	0.00	0.00	0.00	0.00	0.00

Interest/Yield Paid per $1000	$0.0436756	$0.3839815	$0.4108333	$0.4913888	$0.5853702
Principal Paid per $1000	$10.5541703	$0.0000000	$0.0000000	$0.0000000	$0.0000000

HOUSEHOLD CONSUMER LOAN TRUST 1997-1 8-K