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 …
What part of “THEY CHANGED THE TERMS OF THE CONTRACT” do you not understand? You’re ignoring the fact that the contract I originally entered into was not honored. In any other industry they would be sued for breach of contract. It’s usury, it’s loansharking, it’s bad business, it’s bad for everyone and I don’t give a shit about your “free market” blatherings, we all know the game is rigged, but you keep defending the robber barons.
I have closed my acct with B of A and I will never go back.
Im glad I ran up my cards for my cool computer that I bought from Walmart and never paid the credit people for… Now I use the free computer to get free Software, music, games, OS, applications, audio books, comic books, and more all for FREE!!! Who needs Walmart I dont… Not for that stuff.
I’d say screw em all !!! do to them as they do unto you !! they wanna stress the consumer , the consumer needs to stress the banks… Max out your cards and get all you can !!! But when you get the money, spend it responsibly !!
what if one of your relatives die and the funeral costs are $15.000 and you don’t have the money, why the banks don’t lent you the money with a fix rate with avery low interes 5% to pay for the funeral. but instead they give you a revolving credit card with 29% interest that you are going to pay for the rest of your life.
what are your options?
money is created from debt
no debt no money
banks are printing money from thin air
gold do not back up the money any more.
if nobody get in debt ,money would not exist.
excellent movie guys
a really fun film. i found a copy at “bigmovies4free” – hope they make another
Debt isnt a right or a priviledge. it is a contractual agreement. It you dont like the terms of the agreement then do not agree. Why do all you pussy ass nanny state people think everything should be given to you. Get a job , earn money and put that money in the bank. Then when you want something you pay for it with your money. Pretty basic.
It is a free market. They can charge 100% if they want. If you dont like it then dont use their line of credit. You rate got jacked up? Then cancel and open with another that will offer a more suitable rate. If still no luck then maybe try the option of not buying shit you cannot afford.
Mastinox, credit companies routinely change the terms of the debt long after the original borrowing was done. I have a 785 credit score and perfect payment history for the last 5 years. B of A (who I’ve had an acct with for only the last 2 years) jacked my interest rate from 9.9 to 14.9 with no reason other than “market conditions”. They are theiving, usurious MFs who are bleeding working people dry.
You are either clueless about the reality of the situation or a paid shill.
hey dont make conspiracy theorists look rude or crazy etc next time try to respond the video and sneak in your plugs for these potentially relevant films
Yes it sucks but you agree to the terms of the contract. I am debt free myself. If you cant handle the basic reponsibility of credit then you are a fool and deserve what you get. It amazes me how many american’s blame someone else for their own mistakes.
essential viewing for anyone who takes on a credit card.
Thx. It sounds really bad.
Espacially the part “usually beyond their means to pay back” is
It comes from the word maximum. It means that one has spent the maximum amount of credit given by a bank or credit card company, usually beyond their means to pay back.
Watch out for marriage fraud!
-Be careful when marrying someone that is an illegal immigrant. It can be difficult to know if they are marrying for a love or a green card.
-Never co-sign a credit card/car with a lover or spouse.
-Avoid mixing any fiances or legal issues together.
Consider yourself warned!
My mother language is not English, does the term “maxed out” have a special meaning? What does maxed out mean?
1) “THE OBAMA DECEPTION” LOOK IT UP
2) ZEiTGEiST – THE MOVIE
3)NORTH AMERICAN UNION RFID Chip TRUTH! Must SEE
some serious shit!!!
To Chris Bob, the featured debt collectors- you are worthless pond scum!
To attempt to collect on verified debt is the law.
To screw with people is CRIMINAL with punishment befitting your arrogance!
i think if everybody in america would stop paying for the credit cards at the same time ,things would change for the better. hey when all the jobs are gone no one will be working anyway to pay all the bills,so what if you get takin to court. im telling you people you have not even begun to see the worst of it.
It is so ridiculously bias -Read this: It starts out with Carter portrayed in good light, some small negative clips of Clinton and the rest It’s all about Bush. Funny this movie was made in 2006. Now we have a Dem Gov, House and Congress and we are spending the equivalent of all the president’s debt including G.W.B put together. Democrats are bigger spenders than Republicans? It talked about the sub-prime mortgage business as an endless money maker so what happened? Dems are responsible for it
i just finished seeing it because someone recommended it. I thought it was just bias propaganda. I do not like how harsh some C.C companies can become but, no one is forced into that situation. When you get a credit card you need to pay back. Simple concept ha? Well some people think the government should make sure they are responsible and they should not carry the burden of their mistakes. Why I ask? I still don’t get it.
watch modern money mechanics , money as debts, money masters and iraq for sale
if u default or unable to pay your card off..u don’t have to. credit card company or the banksters will zero ur debt and by law they will write your debt out …the banks loss is covered by insurance and they get tax credit. then they sell ur rights to collection agencies or debt collectors for every 10 cents on a$.u got 2 know the statute of limitation some states varies from 3to6yrs.if they threatened u 2 pay within that time frame than u lost ur stat of limitation and these maggot got u
Ha ha ha ha ha!!!
Americans don’t have to use these credit cards you know. If you get one in the post, your not forced to use it!!! Grow up and take some responsibility.
i saw your film today; really good! this is in my top 5 favorite documentaries of ALL time