secwatch.observer — SEC 8-K summary
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Issuer:     Discover Card Execution Note Trust (—)
CIK:        0001407200
Form:       8-K
Filed at:   2021-07-14T23:59:59+00:00
Accession:  0001407200-21-000021
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 6.05, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Discover Card Master Trust I reports $25.1B in receivables as of June 30, 2021; delinquencies at 0.94%
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1407200/000140720021000021/0001407200-21-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/894327/000140720021000021/qtrly_dcmtxdcentxasofjune3.htm
  HTML page:      https://secwatch.observer/filing/0001407200-21-000021

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