other material
confidence high
sentiment neutral
materiality 0.30
Discover Card Master Trust I reports $25.1B in receivables as of June 30, 2021; delinquencies at 0.94%
Discover Card Execution Note Trust
- Total receivables $25.13B across 13.97M accounts; average balance $2,966 per active account.
- Delinquent receivables total $237.4M (0.94%); accounts 30+ days delinquent: 30,945 (0.22%).
- Top 9 states account for 51.1% of receivables; Texas leads with 8.8%.
- 65.87% of receivables from accounts with FICO score 720+; only 2.05% below 600.
- Monthly full balance payment rate 24.99%; minimum payment rate 5.57%.