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HOUSEHOLD AFFINITY CREDIT CARD MASTER TRUST I, SERIES 1993-2 RATED BY DUFF & PHELPS

 CHICAGO, Nov. 18 /PRNewswire/ -- Duff & Phelps Credit Rating Co. has assigned ratings to credit card participation certificates of the Household Affinity Credit Card Master Trust I, Series 1993-2. The $500,000,000 5.60 percent Class A certificates are rated 'AAA' (Triple-A) and the $29,412,000 5.90 percent Class B certificates are rated 'AA' (Double A). The 'AAA' (Triple A) and 'AA' (Double A) ratings assigned to the Class A and Class B certificates, respectively, are based on the following: the credit quality of the GM Card receivables, the legal structure of the transaction, the ability of Household Finance Corporation to service the accounts, the performance of the Master Trust to date, the ability of the seller to generate additional receivables, the 5.00 percent subordination of the Class B certificates as credit enhancement for the Class A certificateholders, and the 10.00 percent subordinate collateral invested amount as credit enhancement for the Class A and Class B certificateholders. D&P performed an analysis of the projected cash flows under stressed economic scenarios to determine the required credit support for the ratings.
 Interest is payable monthly to the Class A and Class B certificateholders on the 15th day of each month beginning Dec. 15, 1993. The Class A certificate rate is 5.60 percent. The Class B certificate rate is 5.90 percent.


Certificateholders receive interest only during the revolving period which is expected to last approximately 72 months. Beginning in December, 1999 principal is expected to be repaid in monthly installments to Class A certificateholders until they are paid in full. The expected final payment date for the Class A certificates is November 15, 2000. Following the final payment of principal to the Class A certificateholders, the Class B certificateholders will receive payments of principal until paid in full. The expected final payment date for the Class B certificates is Dec. 15, 2000. Interest and principal may pass through to investors earlier and on a monthly basis if a specific event should occur that would cause an early amortization of principal. The Class A certificateholders are protected against potential losses by subordination of both the Class B certificates and the collateral invested amount. The Class B certificateholders are protected against potential losses by subordination of the collateral invested amount.
 The receivables securing payment to investors consist of a pool of MasterCard consumer credit card accounts originated under the GM Card program. The aggregate amount of receivables for the accounts included in the trust as of Sept. 30, 1993 was $3,903,349,146. The accounts have an average principal balance of $777 and an average credit limit of $4,336. The accounts have a weighted average age of approximately nine months.
 -0- 11/18/93
 /CONTACT: Laura M. Ladewski of Duff & Phelps Credit Rating Company, 312-368-3186/


CO: Household Finance Corporation ST: IN: FIN SU: RTG

LD -- NY103 -- 6238 11/18/93 16:49 EST
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Date:Nov 18, 1993
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