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DUFF & PHELPS: Household Credit Card Trust 1991-2 Rating Reaffirmed

 CHICAGO, March 31 /PRNewswire/ --- Duff & Phelps Credit Rating Co. has reaffirmed the Class A and the Class B ratings for Household Credit Card Trust 1991-2. The Class A rating has been reaffirmed at `AAA' (Triple A) and the Class B rating has been reaffirmed at `AA' (Double A). These reaffirmations affect $650 million of outstanding asset- backed securities backed by credit card receivables. The rating reaffirmations come as a result of additions of accounts and the associated receivables balances to Household Credit Card Trust 1991-2. The reaffirmations are based on an analysis of the additional accounts and the conveyance of receivables from Household Bank, N.A. to the seller, Household Receivables Funding Corporation, the current receivables pool, the performance of the trust through February 1993, the servicer's (Household Finance Corporation) procedures, the legal structure of the issue, and the outstanding credit enhancement available for both the Class A and Class B certificate holders.
 -0- 3/31/93
 /CONTACT: Laura M. Ladewski of Duff & Phelps Credit Rating Co., 312-368-3186/


CO: Household Credit Card Trust 1991-2 ST: IN: FIN SU: RTG

CK -- NY047 -- 1507 03/31/93 12:36 EST
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Publication:PR Newswire
Date:Mar 31, 1993
Words:188
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