Interpreted Prediction
Predicted that credit card companies will impose higher interest rates once the 0% APR promotional period concludes.
AI Evaluation Notes
Credit card companies universally apply a higher, standard interest rate once a 0% APR promotional period concludes, as confirmed by multiple financial sources. This means that any outstanding balance will begin to accrue interest at this new, higher rate, moving from 0% to a significantly higher percentage. The prediction aligns perfectly with this established practice.
Prediction Details
Target
Interest rates will increase
Predicted
date
After 0% APR period ends