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Maxed Out (2005)

Maxed Out (2005)
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Per its title, James D. Scurlock's virulently angry muckraking documentary Maxed Out examines the many problems associated with escalating U.S. consumer debt. Scurlock places his weightiest emphasis on the ends of the spectrum rooted in extreme evil (read: abuse) -- such as the capital lenders who wheedle poor farm families into assuming unmanageable loans and college students into placing massive amounts on credit cards. He also touches on the end rooted in extreme tragedy, such as the debtors who sink so far in over their heads that suicide represents the only conceivable out. The film's many interviewees include Harvard University financial analyst Elizabeth Warren (who pontificates on the lucrativeness of high-interest mortgage banking) and born-again Christian radio host Dave Ramsey, who offers difficult on-air advice to the fiscally burdened by drawing on his own experiences as a debtor. ~ Nathan Southern, Rovi

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Director(s):
James D. Scurlock
Format(s):
DVD
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Synopsis of Maxed Out

Per its title, James D. Scurlock's virulently angry muckraking documentary Maxed Out examines the many problems associated with escalating U.S. consumer debt. Scurlock places his weightiest emphasis on the ends of the spectrum rooted in extreme evil (read: abuse) -- such as the capital lenders who wheedle poor farm families into assuming unmanageable loans and college students into placing massive amounts on credit cards. He also touches on the end rooted in extreme tragedy, such as the debtors who sink so far in over their heads that suicide represents the only conceivable out. The film's many interviewees include Harvard University financial analyst Elizabeth Warren (who pontificates on the lucrativeness of high-interest mortgage banking) and born-again Christian radio host Dave Ramsey, who offers difficult on-air advice to the fiscally burdened by drawing on his own experiences as a debtor. ~ Nathan Southern, Rovi

Theatrical Feature Running Time:
87 mins
Director(s):
James D. Scurlock
Writer(s):
James D. Scurlock
Producer(s):
James D. Scurlock
Categories:
DocumentaryIndependent FilmsSpecial Interest
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Member Reviews
 
Chuck L.

They affix blame on the predatory practices of creditors -- continually sympathizing with "helpless victims". It generally focuses on what's bad, rarely about anything positive -- such as smart consumers who don't step on land-mines & take advantage of credit when it makes economic sense to them. It does however, provide knowledge to would-be dupes -- which helps them to avoid falling prey to the scam in the first place.

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Tobi and Sean M.

I lost my home after over a year of a bank pretending modification with no intention of ever giving one on a home I WAS DUMB ENOUGH TO REFINANCE and is now worth half of what I owe. These same refinance loans are still being offered on tv and on line again!! These banks have never been held accountable for them and also the absolutely crooked way of adding fees to your credit cards and calling them purchases when you haven't used them in months! We need all the movies we can get on these issues

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Demericha H.

Dee-This movie was very informative. I made my teenage daughter sit down and watch this movie. I learned some things regarding how not to re-finance as I also am with mortgage company who is being blamed. I learned a lot and everyone sit their teenage children down rent this feature.

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