secwatch.observer — SEC 8-K summary
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Issuer:     Discover Card Execution Note Trust (—)
CIK:        0001407200
Form:       8-K
Filed at:   2023-04-14T23:59:59+00:00
Accession:  0001407200-23-000012
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 6.05, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Discover Card Master Trust I as of March 31, 2023: $24.5B receivables, 1.41% delinquency rate
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1407200/000140720023000012/0001407200-23-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/894327/000140720023000012/qtrly_dcmtxdcentxasofmarch.htm
  HTML page:      https://secwatch.observer/filing/0001407200-23-000012

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