: Maxed Out: Hard Times, Easy Credit, and the Era of Predatory Lenders
Fascinating documentary from 2006 about the whole predatory lending trend, with plenty of hints and warnings that seem prescient after the 2008 credit collapse. I was worried this would get political and while it hints at that (especially an unnecessary dig at Bush at the end), it’s generally even-handed and pokes at both political parties (they are all to blame). There are some sad moments as we see people whose lives have been devastated, like the mother telling about how the credit card companies lured her college freshman son into such massive debt that he committed suicide and today she still gets credit card offers in his name — that’s like getting get-well cards from your son’s murderer. Excellent film and worth watching, especially if you’re interested in the topic of financials and the economy.
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