secwatch.observer — SEC 8-K summary
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Issuer:     Discover Card Execution Note Trust (—)
CIK:        0001407200
Form:       8-K
Filed at:   2022-07-14T23:59:59+00:00
Accession:  0001407200-22-000020
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 6.05, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Discover Card Master Trust I reports $24.8B receivables, 1.03% delinquency as of June 30, 2022
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- Total receivables $24.8B; 12.6M accounts designated for the trust.
- Average active account balance $3,074; average credit limit $13,542.
- Delinquent receivables 1.03% ($256.2M); accounts 30+ days delinquent 0.27%.
- 67.62% of receivables from accounts with FICO scores 720+; 1.93% below 600.
- 100% of accounts aged 60+ months; 0% in seasoning buckets under 60 months.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1407200/000140720022000020/0001407200-22-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/894327/000140720022000020/qtrly_dcmtxdcentxasofjune3.htm
  HTML page:      https://secwatch.observer/filing/0001407200-22-000020

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