Con
Consumer Debt
Topic
N/A
Accuracy
Recent Predictions
Incorrect: 0
Pending: 11
Unrated: 0
Prediction
Author
Predicted at
Status
Video
US consumer debt has surpassed $18 trillion, with credit card debt exceeding $1 trillion.
"Total consumer debt has already reached record highs, exceeding $18 trillion in the United States al..."
Aug 12, 2025
Pending
Rising trends in minimum credit card payments and delinquency rates foreshadow increased consumer stress in the coming months.
"both are clearly on a strong uptrend and this foreshadows more stress among consumers in the coming ..."
May 4, 2025
Pending
The speaker predicts that financial institutions will continue to readily offer credit to individuals upon gaining employment, motivated by the potential to earn interest.
"as soon as you get a job, Chase, Visa, Bank of America are all going to be so happy to give you line..."
Oct 30, 2024
Pending
Credit card balances are increasing as consumers use them to fund daily expenses.
"credit card balances have been rising because again people are using the credit card to fund their d..."
Aug 29, 2024
Pending
The Federal Reserve President has observed a rise in consumer defaults, with Americans maxing out credit cards and struggling with car and credit card payments, indicating growing economic concern.
"consumer defaults are rising and what that means is he is seeing now the Federal Reserve Bank presid..."
Aug 5, 2024
Pending
The Federal Reserve has observed rising consumer defaults, with Americans maxing out credit cards and struggling to make car and credit card payments.
"he is seeing now the Federal Reserve Bank president has now observed that regular people regular Ame..."
Aug 5, 2024
Pending
Achieving financial freedom includes eliminating consumer debt, opting to purchase items outright rather than financing them to avoid payment stress.
"The third part of this Financial Freedom to me is not having any Consumer Debt because I don't want ..."
Jul 31, 2024
Pending
Consumer debts like student loans, credit cards, HELOCs, hard money loans, payday loans, and buy now pay laters consume income and represent expenses that couldn't be afforded previously.
"you need to know how to pay down your debts because when you have consumer debts that are consuming ..."
May 21, 2024
Pending
Consumer debt is increasing, suggesting a worsening financial situation for many.
"Consumer Debt is on the rise"
Aug 29, 2022
Pending
Consumer debt is predicted to increase each year.
"every year consumer debt rises"
May 26, 2022
Pending
Consumer debt is projected to exceed $15 trillion and continue its upward trend annually.
"consumer debt is over 15 trillion dollars and rising almost every year"
May 26, 2022
Pending