ilmscore | Prediction Details
"Try consolidating your higher interest rate loans, which are mostly credit card loans, and take a lower interest rate loan. For example, your interest on credit card is 35%, 40% and sometimes even 50%. Personal loan comes at only 14 or 15%. So take a personal loan to pay off all your credit card debt or everything in one go."
By warikoo | April 5, 2025 | Correct
From video
How To Pay Off Your Loans FAST? | Leave the EMI TRAP Forever! | Ankur Warikoo Hindi 00:09:50 - 00:10:11
Interpreted Prediction
Consolidating high-interest credit card debt (35-50%) into a lower-interest personal loan (14-15%) is recommended.
AI Evaluation Notes
The prediction suggests consolidating high-interest credit card debt into a lower-interest personal loan. As of January 10, 2026, this advice generally holds true as personal loan interest rates are typically lower than credit card interest rates, especially for individuals with high-interest credit card debt.

Prediction Details

Topic
Loan Consolidation

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