Personal Finance Bloggers Say "Maxed Out" Has Non Sufficient Funds

Personal Finance Bloggers Say "Maxed Out" Has Non Sufficient Funds

We’re not the only ones irked by the Maxed Out documentary.

Maxed Out's Bombshells: 1. Wells Fargo Funds Payday Loan Chains 2. Celebrities Get VIP Credit Report Treatment

Maxed Out's Bombshells: 1. Wells Fargo Funds Payday Loan Chains 2. Celebrities Get VIP Credit Report Treatment

While we chided Maxed Out for not discussing consumer self-empowerment, the movie did make two very interesting claims:

Maxed Out: Take It For What It's Worth

Maxed Out: Take It For What It's Worth

We just finished watching Maxed Out, the recent documentary about the viperous evils of the credit industry. We agree with the basic premise: Underinformed debtors are getting taking advantage of. And the stories are horrific, with three different people driven to suicide because of debt. The doc does a good job of outlining the links from debtor, to bank, to debt collector, to government representatives. It’s a nasty apparatus.

Maxed Out Now On DVD

Maxed Out Now On DVD

The Maxed Out credit industry documentary hit DVD Tuesday.

Credit Card Documentary "Maxed Out" Opens Today

Credit Card Documentary "Maxed Out" Opens Today

Maxed Out, a documentary about the credit card industry, is opening today in select cities (New York, Los Angeles, San Francisco, Dallas, Washington DC, Seattle, and Austin) and next week in a few more (Chicago, Boston, and Minneapolis).

Maxed Out Movie Details America’s Pit of Debt

Maxed Out Movie Details America’s Pit of Debt

    “…back in the ’60s and ’70s … a lot of bankers objected to credit cards and said they were not going to give consumers the noose from which to hang themselves–that was immoral, that was unethical … They understood that people would abuse credit if given too much of it, and the banker had to fill this role of regulator. That philosophy doesn’t exist any more.”