Maxed Out: "A Horror Movie for Our Times"
By Brian Wolfman
In today's Washington Post, Michele Singletary reviews the new, critically acclaimed movie "Maxed Out" and its companion book "Maxed Out: Hard Times, Easy Credit and the Era of Predatory Lenders." Deepak Gupta previously discussed the movie in detail on this blog. The movie opens in Washington, D.C., and in other markets around the country this coming Friday. A list of openings can be found here. As the Post puts it, this movie is "A Horror Movie for Our Times."
Anyone who has ever been late on a payment understands the costs and risks associated with owning a credit card, but "Maxed Out" sheds some much needed light on exactly how insidious some of the practices employed by the card companies can be, particularly their efforts to attract college students who are not in positions to understand the long-term effects of irresponsible spending and debt. With more Americans in greater debt than ever before, I think this movie should be required viewing for anyone even thinking about signing up for a credit card.
Posted by: Hamilton | Monday, March 05, 2007 at 12:14 AM
I've not seen the movie, but maybe it should be be REQUIRED within college curricula?
Posted by: Bob from Debt Help Review | Monday, May 12, 2008 at 05:32 AM