ilmscore | Most People Are Bleeding Money Monthly — Here’s What Banks Won’t Tell You

Predictions from this Video

Total: 7
Correct: 0
Incorrect: 0
Pending: 7
Prediction
Topic
Status
New law restricting overdraft fees will take effect in October 2025.
"Number one, this law doesn't actually take effect until October 2025."
Overdraft Fees
Pending
An investor workshop will be held on August 12, 2025.
"in August 12th, 2025, I'm hosting my biggest investor workshop of the year"
Investment Workshop
Pending
The investor workshop on August 12th will have two sessions: 10:30 AM ET and 8:00 PM ET.
"I'm doing it twice on August 12th. It's live. Once at 10:30 in the morning, Eastern time and again in 8:00 p.m. Eastern time."
Investment Workshop Dates
Pending
The payday loan business is predicted to continue booming.
"The payday loan business is growing and it looks like it's going to keep booming."
Payday Loans
Pending
Payday loans can have an annualized interest rate between 390% and 780%.
"This is a 15 to 30% interest rate on just 2 weeks. Which means if we advertised this interest over the course of a year, you're really paying somewhere between 390% interest to 780% interest a year if you advertise this interest over 12 months."
Payday Loan Interest Rates
Pending
Individuals who take out their first payday loan are 80% more likely to take out another.
"After you get your first payday loan, people are 80% more likely to do it right up again"
Payday Loan Repayment Likelihood
Pending
The fractional reserve lending system used by banks contributes to inflation.
"this system creates inflation, but maybe not because of what you think."
Banking System Inflation Creation
Pending