Cre
Credit Card Debt
Topic
N/A
Accuracy
Recent Predictions
Incorrect: 1
Pending: 52
Unrated: 0
Prediction
Author
Predicted at
Status
Video
The average credit card debt in the United States exceeds 18%.
"The average credit card debt in America is over 18%."
Jan 11, 2026
Incorrect
The problem of high credit card debt will persist throughout 2026.
"this is a problem that's going to continue in 2026."
Jan 11, 2026
Pending
The guest owes $137 annually on an Ulta credit card, with a $37 minimum monthly payment and additional fees for account protection.
"Okay, so you owe $137 a year. You just you're making your minimums. Uh $37. Well, there's what what ..."
Jan 9, 2026
Pending
The guest has a $1,300 balance on a credit card and has been offered a settlement of $700 to clear the debt.
"So, you owe $1,300 on there and they offered me to pay 700 to clear it."
Jan 9, 2026
Pending
The guest has a $1,300 balance on a credit card and has been offered a settlement of $700 to clear the debt.
"So, you owe $1,300 on there and they offered me to pay 700 to clear it."
Jan 9, 2026
Correct
The guest owes $137 annually on an Ulta credit card, with a $37 minimum monthly payment and additional fees for account protection.
"Okay, so you owe $137 a year. You just you're making your minimums. Uh $37. Well, there's what what ..."
Jan 9, 2026
Pending
The guest owes $137 annually on an Ulta credit card, with a $37 minimum monthly payment and additional fees for account protection.
"Okay, so you owe $137 a year. You just you're making your minimums. Uh $37. Well, there's what what ..."
Jan 9, 2026
Pending
The speaker highlights a 36% interest rate on a credit card.
"36% interest rate."
Dec 5, 2025
Correct
The speaker predicts that high interest rates (36%) on Credit One cards are leading to multiple late fees and debt.
"Multiple late fees this year. Are we surprised? No. Close and stuff like that. 36% interest rate. Ye..."
Dec 5, 2025
Correct
The speaker highlights a 36% interest rate on a credit card.
"36% interest rate."
Dec 5, 2025
Correct
Based on minimum payments with no further purchases, a specific credit card debt is projected to take 45 years to pay off.
"Minimum monthly payments, no purchases. This takes 45 years to pay off."
Dec 3, 2025
Pending
An investment of $6,200 at a 20% annual return for 45-46 years could result in $20 million at retirement, demonstrating the potential impact of early investment vs. carrying credit card debt.
"So, if you are 21 years old right now and you invested $6,200, which is the average household credit..."
Nov 30, 2025
Pending
The speaker highlights the significant interest accrued on a credit card, indicating a problematic debt situation.
"Hundreds in interest this year so far on that card alone."
Nov 21, 2025
Pending
A prediction that this specific credit card has surprisingly been the only one with issues this year, implying a contrast with other cards.
"I think the only one this year on this card, surprisingly enough."
Nov 10, 2025
Pending
The couple has accumulated a total debt of over $179,000 across various credit cards and loans, with interest rates as high as 36% on some.
"We got a 5.59% mortgage rate. To not anticipate the cost of housing, dude. And you've already had to..."
Oct 6, 2025
Pending
The transcript details significant credit card debt and spending habits. A specific credit card has a balance of $3,863.86 with a 20.15% interest rate. Another card has a balance of $7,023.35 with a minimum payment of $226, taking an estimated 15 years to pay off without further purchases. The speaker emphasizes the impact of frequent fast food and vending machine purchases on this debt.
"The $3,000 she spent on fast food in a month was highlighted as a significant issue, especially in c..."
Sep 22, 2025
Pending
An Alon Financial credit card has a balance of $8,926 with a minimum monthly payment of $446.
"This Alon Financial credit card has a balance of $8,926 with a minimum monthly payment of $446."
Sep 22, 2025
Pending
A Prime Visa credit card has a balance of $3,863.86 with a minimum monthly payment of $16.
"This Prime Visa has a balance of $3,863.86 with a minimum monthly payment of $16."
Sep 22, 2025
Pending
A USA Classic checking account has a balance of $3,863.86 with a minimum monthly payment of $16.
"This USA Classic checking account has a balance of $3,863.86 with a minimum monthly payment of $16."
Sep 22, 2025
Correct
A Visa Signature credit card has a balance of $7,023.35 with a minimum monthly payment of $226.
"This Visa Signature card has a balance of $7,023.35 and a minimum payment of $226."
Sep 22, 2025
Pending
A Chase credit card has a balance of $3,907.37 with a minimum monthly payment of $226.
"This Chase credit card has a balance of $3,907.37 with a minimum monthly payment of $226."
Sep 22, 2025
Pending
Two Capital One credit cards and a GameStop card are in collections, with the GameStop card balance at $620.
"Yeah, I don't know. So then she has two Capital One cards that are both in collections. She's a Game..."
Sep 19, 2025
Pending
The partner owes nearly $3,000 to Verizon for multiple devices (phone, backup phone, tablet, watch) that she stopped paying for.
"She also owes Verizon almost $3,000. Um, she had a phone, a backup phone, a tablet, and a watch, and..."
Sep 19, 2025
Pending
The guest took out a consolidation loan to lower minimum payments on credit cards during a period of unemployment, suggesting a cyclical approach to debt management.
"I know, but I got that one when I didn't have a job, so it was going to be cheaper to then pay the 3..."
Jul 25, 2025
Pending
The speaker predicts a repeated cycle of debt accumulation and consolidation, indicating that current financial strategies are not working.
"And all this was is a consolidation. Uh you paid off a previous consolidation loan, then you fell ba..."
Jul 25, 2025
Pending
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.
"If you have $8,000 worth of credit card debt, which is about the average household with credit card ..."
Jun 23, 2025
Pending
The speaker predicts it will take 9 years to pay off a $2,687 credit card balance if only minimum payments are made and no further purchases are added.
"It's going to take 9 years to pay this off if you do not purchase on it and you only do minimum paym..."
Jun 18, 2025
Pending
A credit card balance of $3,788.54 with a $129 minimum monthly payment is projected to take 20 years to pay off.
"This one [credit card]... minimum monthly payment $129. 20 years to pay this one off."
Jun 18, 2025
Pending
Aggressively paying off high-interest credit card debt is crucial to avoid enriching credit card companies through minimum payments and interest, which fund their significant expenses.
"pay off your high interest credit card debt as fast as possible because you are making them rich. Wh..."
Apr 22, 2025
Pending
Increasing a credit card payment by $75/month on a $2,500 balance will reduce the payoff time by 8 months.
"in this example alone right here on the screen we would save eight months of our payments if we're a..."
Mar 17, 2025
Pending
There is a projected increase in credit card debt and a subsequent rise in credit card defaults.
"more and more people are leaning in on their credit cards more and more people are racking up the cr..."
Jan 24, 2025
Pending
US credit card debt has been reaching new record highs on a near-monthly basis.
"credit card debt has been repeatedly breaking a new record high almost every single month"
Nov 8, 2024
Pending
Carrying a credit card balance or having credit card debt is considered using credit cards incorrectly, and individuals in this situation are advised to stop using them and focus on debt repayment.
"Now, if you have credit card debt, you're using credit cards the wrong way. Right? If you have if yo..."
Oct 16, 2024
Pending
The speaker predicts that the Rs 10 lakh credit card loan will be paid off within 10 to 12 months.
"and that means it will take you anywhere between 10 to 12 months."
Oct 12, 2024
Pending
Having credit card debt makes non-essential expenses like Netflix unaffordable due to the true cost beyond the monthly fee.
"if you have credit card debt you cannot afford a Netflix subscription and it's not because it costs ..."
Sep 1, 2024
Pending
Credit card delinquencies and total credit card debt in the US are reaching new record highs.
"credit card delinquencies are rising number two credit card debt levels are rising we broke a new re..."
Aug 14, 2024
Pending
Credit card debt and overall household debt in America have reached all-time record highs.
"credit card debt just broke a new all-time record high household debt in America is at an all-time r..."
Aug 5, 2024
Pending
The average credit card debt in America is approximately $6,500.
"the average credit card debt in America is right around $6500"
Jun 11, 2024
Pending
Paying the minimum on average US credit card debt ($6,500) at 25% APR could result in over $155,000 in interest paid.
"if you had $6,500 of credit card debt which is the average household credit card debt in America tod..."
May 22, 2024
Pending
Credit card debt has reached a record high, indicating an increasing reliance on financing to purchase goods, even for those who cannot afford them.
"credit card debt has broken a record high so more people are using financing to buy the same stuff t..."
Apr 27, 2024
Pending
A strong recommendation is made to prioritize paying off credit card debt as quickly as possible to prevent financial drain.
"What you need to do right now is stop bleeding cash because you need to pay off your credit card deb..."
Mar 10, 2024
Pending
Record high credit card debt in America signifies people spending money they don't possess, leading to repayment with interest.
"I mean, we just saw in America, credit card debt hit a brand new record high. What does that mean? T..."
Mar 3, 2024
Pending
Credit card debt has reached its highest level ever.
"we have the most amount of credit card debt than ever before"
Feb 20, 2024
Pending
Paying down credit card debt offers a guaranteed return of 15-28%, which should be prioritized over investing in stocks or real estate.
"if you pay down your credit cards you're getting a 15 to 20 to 25% return because your credit card c..."
Feb 16, 2024
Pending
Avoid using credit cards if you cannot pay the balance in full each month, and prioritize paying down existing credit card debt aggressively.
"if you are paying interest on your credit card you were using it the wrong way and you should not be..."
Dec 24, 2023
Pending
The average credit card debt in American households is $6,500.
"the average household credit card debt in America right now"
Dec 10, 2023
Pending
Moving credit card debt to a 0% APR card does not work for most people.
"if you're one of the millions of Americans that has credit card debt this is where everybody says ju..."
Dec 8, 2023
Pending
Paying down credit card debt offers the best immediate return on investment.
"if you have credit card debt you are not allowed to purchase any of our briefs media products becaus..."
Nov 13, 2023
Pending
US total credit card debt surpassed $1 trillion earlier in 2023, setting a new record.
"earlier this year not that long ago we broke a brand new record high of credit card debt we passed a..."
Oct 30, 2023
Pending
US credit card debt has reached a record high, indicating increased consumer spending on borrowed money.
"credit card debt hit a brand new record high"
Oct 16, 2023
Pending