other material
confidence high
sentiment neutral
materiality 0.25
Discover Card Master Trust I reports portfolio data as of March 31, 2022: $24.04B receivables
Discover Card Execution Note Trust
- Total receivables $24,035,434,782; 12,840,764 accounts; average balance $2,963 on active accounts.
- Delinquency rate (30+ days) of 1.09% of receivables; 0.27% of accounts delinquent.
- 69.7% of receivables have credit limits over $15,000; 66.29% of receivables have FICO scores 720+.
- Minimum monthly payment rate 5.76%; full balance payment rate 27.52% for March 2022.
- All accounts are at least 60 months old; average monthly balance reduction (returns/fraud) was 0.87%.