other material
confidence high
sentiment neutral
materiality 0.30
Discover Card Master Trust I as of March 31, 2023: $24.5B receivables, 1.41% delinquency rate
Discover Card Execution Note Trust
- Total receivables $24,517,614,961 from 12,124,232 accounts; average active balance $3,150.
- Delinquent receivables $343.5M (1.41% of total); 30-59 days: 0.44%, 60-89: 0.32%.
- 66.55% of receivables from accounts with FICO scores 720+; 2.33% below 600.
- 100% of accounts are at least 60 months seasoned; no accounts under 48 months.
- Full balance payment rate 27.98%; minimum monthly payment rate 5.84% for March 2023.