secwatch.observer — SEC 8-K summary
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Issuer:     Discover Card Execution Note Trust (—)
CIK:        0001407200
Form:       8-K
Filed at:   2021-10-14T23:59:59+00:00
Accession:  0001407200-21-000028
Event type: other
Sentiment:  neutral
Materiality: 0.20
Item codes: 6.05, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Discover Card Master Trust I portfolio update: $24.5B receivables, 0.95% delinquency
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- Total receivables $24.54B across 13.31M accounts as of Sept 30, 2021.
- Delinquent receivables at 0.95%; accounts 30+ days delinquent 0.23%.
- Geographic concentration: TX 8.8%, CA 7.3%, NY 6.4%, FL 6.0%.
- 68.3% of receivables from accounts with credit limit over $15,000.
- 100% of accounts seasoned 60+ months; average active balance $2,939.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1407200/000140720021000028/0001407200-21-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/894327/000140720021000028/qtrly_dcmtxdcentxasofsepte.htm
  HTML page:      https://secwatch.observer/filing/0001407200-21-000028

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer