Maxed Out: Hard Times, Easy Credit and the Era of Predatory Lenders (DVD, 2007). FREE SHIPPING!
“In Maxed Out, author/director James D. Scurlock (Maxed Out: Hard Times, Easy Credit and the Era of Predatory Lenders) takes on America's debt crisis. Consequently, he touches on related issues like race, corporate malfeasance, and political subterfuge. Scurlocks multi-media approach incorporates statistics, news excerpts, and interviews, but it's rarely dull (comedy bits from Louis CK and tunes from Queen and Coldplay don't hurt). Speakers include economic professors, debt collectors, pawn brokers, investigative reporters, beleaguered consumers, and even Robin Leach (Lifestyles of the Rich and Famous). Instead of New York and Los Angeles, he concentrates on mid-size cities, like Minneapolis, Oklahoma City, and Seattle. Plenty of small towns also come into play. Though he never presses the point himself, Scurlock allows his subjects to note the similarities between the credit industry and the drug trade (others use such incendiary terms as "rape"). One thing he neglects to mention, however, is pride. If house payments are ruining your life, selling that property may be the only solution. In most cases, however, it's hard not to feel for those individuals who didn't know what they were getting into before they signed their lives away. For some viewers, this will be a dispiriting documentary--three subjects recount the suicides of relatives who found their debt too much to bear--but in explaining exactly how lenders and creditors make money, Maxed Out can help others to avoid some of their most egregious practices. In other words, debt may be a downer, but knowledge is power. --Kathleen C. Fennessy
Product Description
Maxed Out takes viewers on a journey deep inside the American style of debt, where things seem fine as long as the minimum monthly payment arrives on time. With coverage that spans from small American towns all the way to the White House, the film shows how the modern financial industry really works, explains the true definition of "preferred customer" and tells us why the poor are getting poorer while the rich keep getting richer. Hilarious, shocking and incisive, Maxed Out paints a picture of a national nightmare which is all too real for most of us. (Red Envelope Entertainment)”
-Ama…..
DVD, 2007, Magnolia Home Entertainment, Unrated, 87 minutes plus Special Features. Shipped via USPS Media Mail PAID BY SELLER.