secwatch.observer — SEC 8-K summary
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Issuer:     Discover Card Execution Note Trust (—)
CIK:        0001407200
Form:       8-K
Filed at:   2022-01-14T23:59:59+00:00
Accession:  0001407200-22-000004
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 6.05, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Discover Card Master Trust I portfolio as of Dec 31, 2021: $25.2B receivables, 12.9M accounts, 1.02% delinquent
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- Total receivables $25.24B; total accounts 12,945,860.
- Average account balance $3,050; average credit limit $13,344.
- Delinquent receivables 1.02% of total; 30-59 days 0.33%, 60-89 days 0.24%.
- 66.94% of receivables from FICO scores 720+; 24.75% from 660-719.
- 100% of accounts are 60+ months old; monthly full balance payment rate 26.99%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1407200/000140720022000004/0001407200-22-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/894327/000140720022000004/qtrly_dcmtxdcentxasofdecem.htm
  HTML page:      https://secwatch.observer/filing/0001407200-22-000004

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