ilmscore | Prediction Details
"you're about to see in the next handful of weeks is banks are going to pull back lending on a scale like you wouldn't believe that's also going to include uh financing of cars and credit cards"
By The Economic Ninja | November 6, 2024 | Incorrect
From video
It Starts Within 14 Days 00:02:58 - 00:03:08
Interpreted Prediction
Banks will significantly reduce lending for cars and credit cards in the next handful of weeks (starting mid-November 2024).
AI Evaluation Notes
The prediction stated that banks would significantly reduce lending for cars and credit cards starting mid-November 2024. Based on multiple sources, consumer credit and auto loan originations have not significantly decreased since November 2024; in fact, they have shown increases.

Prediction Details

Topic
Banking / Lending

Comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.