ilmscore | Prediction Details
"So that 11% fee is like every month. Yeah, the balance it acrews 11% a month. Yeah, so there's a statement balance fee. Like that's what that is. So this like 100% a year depending on how long it takes me to pay it off. Yeah."
By Caleb Hammer | October 22, 2025 | Correct
From video
$160,000 Of LGBT Debt | Financial Audit 00:52:16 - 00:52:34
Interpreted Prediction
The monthly interest rate of 11% on the cash advance translates to approximately 100% annually, potentially higher depending on payoff time.
AI Evaluation Notes
An 11% monthly interest rate compounds to a very high annual rate. The prediction of approximately 100% annually is essentially correct.

Prediction Details

Topic
Annual interest rate on cash advance

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