other
confidence high
sentiment neutral
materiality 0.40
Discover Card Trust portfolio: $29.0B receivables, 1.65% delinquent as of June 30
Discover Card Execution Note Trust
- Total receivables $29.0B across 13.0M accounts; average balance $3,376, average credit limit $14,048.
- Delinquent receivables 1.65% of total; accounts 30+ days delinquent 0.38% of total accounts.
- 68.01% of receivables from accounts with FICO score 720+; only 2.35% below 600.
- 100% of accounts seasoned 60+ months; minimum monthly payment rate 5.88%, full balance payment rate 26.06%.
- Top 3 states by receivables: Texas 8.74%, California 7.56%, New York 6.28%.