ilmscore | Prediction Details
"If you have $8,000 worth of credit card debt, which is about the average household with credit card debt today, and you're paying the average APR, which is about 25%, and then you make the minimum monthly payments on this debt, which about $250 a month. Do you know how much money you are going to pay in interest? ... you're going to pay $5,300 just in interest alone on top of the $8,000 of things that you bought."
By Minority Mindset | June 23, 2025 | Pending
From video
Why Debt Is Making You Poorer (And Rich People Richer) 00:06:16 - 00:06:52
Interpreted Prediction
A prediction that an average US household with $8,000 in credit card debt at a 25% APR, paying $250 monthly, will pay $5,300 in interest alone.

Prediction Details

Topic
Credit Card Debt

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