Discover Card securitization trust: $24.79B receivables, 1.62% delinquency at Sept 30, 2023

Discover Card Execution Note Trust

Total receivables $24,790,752,440 across 11,928,566 accounts; average active balance $3,263.
Delinquent receivables 30+ days total $404,059k (1.62% of outstanding).
67.11% of receivables came from accounts with FICO score ≥720; 2.43% below 600.
Full balance payment rate 25.66%, minimum monthly payment rate 5.65% for Sept 2023.
Average monthly balance reduction (refunds/returns/fraud) 0.80% for 9 months ended Sept 2023.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.