The speaker predicts that due to an 85 dollar interest accrual on an over-maxed credit card with a 20% interest rate, the individual will lose close to $1,000 this year alone on interest, significantly impacting their financial situation.
"$85 of interest this year so far. It's only at a 20% interest rate, which is great for a credit card if we're being honest. So, you areing that up. You are getting destroyed almost $1,000 this year alone on what's considered a relatively halfway decent uh credit card. Interest rate. So, you areing that up."
