ilmscore | The Most Insane Debt I've Ever Seen | Financial Audit

Predictions from this Video

Total: 3
Correct: 1
Incorrect: 0
Pending: 2
Prediction
Topic
Status
The speaker believes that converting a garage in a small house, especially in a less desirable town, will negatively impact its future resale value and make it harder to sell.
"Americans are obsessive over garages. So, you're making this house even harder to sell in the future. But it is it's the only twotory house and it's a corner lot in that town. A lot of places have a town no one wants to live in."
US Housing Market
Pending
There's a prediction that student loan defaults could lead to wage garnishment by the government, where pay is intercepted before it reaches the individual's account.
"The government will contact your employer of which, trust me, they know who they are, and they will take your pay before it even hits your account. It's called garnishment."
EDU
Correct
The speaker was unaware that their student loans were out of forbearance and anticipates a $100 monthly payment, but will need to make up for missed payments.
"I was going to pay them, but I didn't know they were out of forbearance. So, I need to jump on that. I'm going to assume it's a $100 payment on a monthly basis, but you're going to have to make up for it."
Student Loan Payment
Pending