other material
confidence high
sentiment neutral
materiality 0.60
Discover Card Master Trust I adds $4.55B in seasoned accounts; total receivables $30.04B as of Nov 30, 2023
Discover Card Execution Note Trust
- Total receivables $30.036B across 13.44M accounts; avg balance $3,386; avg credit limit $13,863.
- Added $4.55B in seasoned accounts (originated before 2018) on Nov 1, 2023.
- 100% of accounts are 60+ months old; delinquency rate 1.53% (30–179 days).
- 68.88% of receivables from accounts with FICO scores 720+; 23.98% in 660–719.
- Top 9 states (TX, CA, NY, FL, IL, PA, OH, NJ, GA) account for ~51% of total receivables.