ilmscore | Credit Card Debt Interest Predictions

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Accuracy

Recent Predictions

Total: 3

Correct: 0

Incorrect: 0

Pending: 3

Unrated: 0

Prediction

Author

Predicted at

Status

Video

Credit card companies charge an average Annual Percentage Rate (APR) which is implied to be a significant driver of wealth accumulation for them.

"Because this is the average APR that these credit card companies are charging you."

Sep 9, 2025

Pending

With a 27% APR, paying only the minimum of $150 per month on a $6,500 credit card debt could result in over $118,000 in interest payments.

"if you're paying 27% APR which is what a lot of credit cards are charging you that means that if you..."

Jun 20, 2024

Pending

Carrying credit card debt results in paying high interest, making credit card companies rich at the expense of the debtor's future wealth.

"your credit card company is doing it each and every year... if you carry credit card debt and you're..."

Apr 28, 2024

Pending