secwatch.observer — SEC 8-K summary
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Issuer:     Discover Card Execution Note Trust (—)
CIK:        0001407200
Form:       8-K
Filed at:   2023-12-12T23:59:59+00:00
Accession:  0001407200-23-000033
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 6.05, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Discover Card Master Trust I adds $4.55B in seasoned accounts; total receivables $30.04B as of Nov 30, 2023
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1407200/000140720023000033/0001407200-23-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/894327/000140720023000033/qtrly_dcmtxdcentxasofnovem.htm
  HTML page:      https://secwatch.observer/filing/0001407200-23-000033

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer