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Fitch Issues Report on Household Credit Card Master Note Trust I, Series 2002-1
Business Wire, August 28, 2003
Business Editors
NEW YORK--(BUSINESS WIRE)--Aug. 28, 2003
Fitch Ratings has issued a research report outlining its rating analysis for Household Credit Card Master Note Trust I, Series 2002-1. Series 2002-1, a $560 million dollar credit card transaction was rated 'AAA/A . The ratings are based on the underlying quality of the collateral pool; available credit enhancement; Household Bank (SB), N.A.'s underwriting; Household Finance Corporation's servicing capabilities, and the transaction's sound legal and cash flow structures. The following report is available on Fitch Ratings' corporate site 'www.fitchratings.com'.
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