ilmscore | Credit Card Interest Rates Predictions

N/A

Accuracy

Recent Predictions

Total: 5

Correct: 2

Incorrect: 0

Pending: 3

Prediction

Author

Predicted at

Status

Video

While credit card interest rates are expected to remain high, they should gradually decrease as the Federal Reserve cuts its rates.

"interest rates on credit cards are still going to be high, but it should drift down, you know, lower..."

Aug 25, 2025

Correct

A 1-2% drop in the Fed funds rate could lower average credit card interest rates to 19% or below.

"A 1 to 2% drop in the Fed funds rate could push average credit card interest down towards 19% or eve..."

Aug 22, 2025

Pending

Predicted that credit card companies will impose higher interest rates once the 0% APR promotional period concludes.

"they're betting that you're not going to pay off your credit card debt debt in time and then as soon..."

Mar 17, 2025

Correct

Credit card interest rates are expected to decrease slightly.

"the interest rates on your credit card may start coming down ever so slightly"

Sep 18, 2024

Pending

Credit card interest rates are likely to remain elevated through at least the May 2024 Federal Reserve meeting.

"it's likely that that interest rate is going to remain elevated for at least some portion of this ye..."

Jan 31, 2024

Pending