Independent Accountants' Report on Applying Agreed-Upon
Procedures



To Household Finance Corporation:

We have performed procedures enumerated below in items A. and B. in
conjunction with Section 3.06 of the Pooling and Servicing
Agreement,
dated December 1, 1995, as supplemented (the "Agreement").

A.We have audited, in accordance with generally accepted auditing
  standards, the consolidated financial statements of Household
Finance
  Corporation (the "Servicer") and subsidiaries as of December 31,
1998,
  and have issued our report thereon dated January 20, 1999.  We
have not
  audited any financial statements of the Servicer as of any date
or for
  any period subsequent to December 31, 1998, or performed any
audit
  procedures subsequent to the date of our report on those
statements.
  
  In connection with our audit, nothing came to our attention that
caused
  us to believe that the Servicer was not in compliance with any of
the
  terms, covenants, provisions, or conditions in Sections 3.01,
3.02,
  3.04, 3.09, 3.10, 4.02, 4.03, 4.04, and 8.08 (to the extent such
  sections are applicable to Household Finance Corporation as
Servicer)
  of the Agreement, or Sections 3, 4.08, 4.09, 4.10, 4.11, 4.12,
4.13,
  4.14, 4.15, 4.16, and 4.17 (to the extent such sections are
applicable
  to Household Finance Corporation as Servicer) of the Series
1995-1,
  Series 1996-A, and Series 1996-B Supplements, in conjunction with
the
  servicing of consumer revolving credit card receivables owned by
the
  Household Credit Card Master Trust I insofar as they relate to
  accounting matters.  It should be noted, however, that our audit
was
  not directed primarily toward obtaining knowledge of such
  noncompliance.
  
  As a part of our audit, we obtained an understanding of the
Servicer's
  internal control structure over the Servicer's entire consumer
  revolving credit card portfolio, including those loans serviced
under
  the Agreement, and the related Supplements, to the extent
considered
  necessary in order to assess control risk  as required by
generally
  accepted auditing standards. The purpose of our consideration of
the
  internal control structure, which includes the accounting
systems, was
  to determine the nature, timing, and extent of the auditing
procedures
  necessary for expressing an opinion on the financial statements.
Such
  audit procedures, however, were not performed in order to express
a
  separate opinion on the Household Credit Card Master Trust I.
  
  Our audit disclosed no exceptions or errors in records relating
to
  credit card receivables serviced by the Servicer that, in our
opinion,
  Section 3.06 of the Agreement required us to report.


B.   We have performed the procedure described in the following
  paragraph, which was agreed to by the management of the Servicer,
  the Bank of New York as Trustee, and the Credit Enhancement
Provider
  (together, the "Specified Users"), with respect to Section 3.06
of
  the Agreement, in conjunction with the servicing of consumer
  revolving credit card receivables owned by the Household Credit
Card
  Master Trust I.  This agreed-upon procedure was performed in
  accordance with standards established by the American Institute
of
  Certified Public Accountants.  The sufficiency of the procedure
is
  solely the responsibility of the Specified Users of the report.
  Consequently, we make no representation regarding the sufficiency
of
  the procedure described below either for the purpose for which
this
  report has been requested or for any other purpose.

       The procedure and associated findings are as follows:

       From the Monthly Servicer's Certificates prepared by the
  Servicer between January, 1998 and December, 1998, we selected
the
  following months and performed the following procedure:

        We have compared the mathematical calculation of each
amount
     set forth in the Monthly Servicer's Certificates to the
Servicer's
     accounting records for the months of May, 1998, and July 1998,
for
     Series 1995-1, Series 1996-A, and for the month of July, 1998,
for
     Series 1996-B and found them to be in agreement.  Our
comparisons
     were based on records provided to us by the Servicer and the
     methodology set forth in the Agreement.

With respect to the procedure performed in item B. above, we were
not
engaged to, and did not, perform an audit, the objective of which
would
be the expression of an opinion on the Monthly Servicer's
Certificates
described above.  Accordingly, we do not express such an opinion. 
Had
we been engaged to perform additional procedures, other matters
might
have come to our attention that would have been reported to you.

This report is intended solely for the information and use of the
Specified Users and should not be used for any other purpose.

                                             ARTHUR ANDERSEN LLP


Chicago, Illinois
March 24, 1999