as someone who was in tears towards the end i cannot quite comprehend the lack of humanity in some of the comments. There is no reason why a person should not be allowed to "refinance" if you would like to call it that, their student loans to get a lower interest rate if it is available since a person can do it for their home. Your favorites, all in one place. Alison Griffiths knows how to budget and she's not afraid to tell her secrets. Elizabeth Warren (with a particularly annoying and lugubrious yet intimately confidential manner), Eliot Spitzer, Chris Dodd, Shiela Jackson Lee, Maxine Waters and some woman with short gray hair who sounded like she could use a drink of water. Incidentally, she was referred to as "middle class". Disney + Pixar + Marvel + Star Wars + Nat Geo, Get unlimited access to the largest streaming library with limited ads, Stream on up to 4 devices at the same time. Maxed Out is available to watch and stream, buy on demand at Google Play, YouTube VOD online. There is no other way. It has received moderate reviews from critics and viewers, who have given it an IMDb score of 7.3 and a MetaScore of 65. Either way, it was apparently money ill spent, given the drivel you write. Where was Barney Frank? Exactly my thoughts when I saw the documentary on Netflix. you will get out of it. demetrius flames ppl online to make up for his tragically small penis. You must be quite a brilliant young man! This will become a liberal/progressive classic if it isn't already. And people like you are what's wrong with this country. I went to business school. As someone once wrote, "the problem with socialism is socialism; the problem with capitalism is capitalists." I didn't shed a single tear. To watch it even these few years later after it was made but with what has happened with our economy, so much of what the one woman was warning about has happened. When the host dies, the parasite that inflicted the damage also dies. So I'm suppose to feel sorry for people who mismanaged their affairs..work for it.earn it or don't buy it.m*rons who buy things they can't afford.its called living within your means.ignorant libtards. were going to be using it. 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. Nowhere are these more evident than in a journey with award-winning investigative journalist Mike Hudson, who travels to Mississippi, Pittsburgh, and New York City interviewing the victims of predatory lending scams. These people are idiots. Maxed Out is an Documentary movie that was released in 2006 and has a run time of 1 hr 27 min. I have always thought that social security was going to run out of funds due to how many baby boomers, etc. Did YOU really pay $80,000 for your education or are you among the "99 percent" who want their student loans forgiven? The central theme of this doc is that a large chunk of working people simply do not earn enough to pay for basic needs; housing, health insurance, food, bills etc. Watch Maxed Out Online: The complete guide by MSN. Greed being the main one. At that salary it's hard just to keep gas in your car and pay the rent (in high school more than half of my pay checks went into my tank, and speaking as someone who lives in Edmond, Ok where they attended university, there is no good alternative means of transportation to save money) nevermind bills, car insurance, food, and a monthly premium on the card. All this talk of Nuclear weapons destroying the world, is a distraction, the mixture of Stock market betting which accounts for perherps 100* more money than actually exist in the real economy, the cheap availablity of credit and the "Fail safe" function of Quantitative Easing, is a more powerful force than the impact of 100 Hydrogen bombs, and has a lot more certainty of occuring, precisely because people do not understand, the gravity of the downward spiral, and it's "Inevitable" end. 1) He said he wouldn't check back for replies, so why bother replying? These bits, however, were overshadowed by the onslaught of "victim" testimony. Killing yourself over 12,000 in 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. I've been wondering for 20 years when Japanese 'Mom and Pop' investors are going to ask for their money back from the Yanks....we have a saying here in New Zealand that if the Americans cough, we get pneumonia. I was watching this Documentary and Thank you for making it Bob Manning, This is so true, so many people are in big time debt. I would like to know what happened to that realtor lady. It is the only thing you cannot declare bankruptcy on and it is the only thing that our government isn't helping people to be able to pay back in an affordable way. Combined, there are more than 200k people following us through these channels: You should sign up for our newsletter. Sometimes the woman puts up a fight, but the results prove much more convincing when they see the dollars add up. Microsoft may earn an Affiliate Commission if you purchase something through recommended links on this page. This award-winning journalist, author and broadcaster helps one woman each week better understand her financial matters. I suspect you are among the latter. It shows, by turns in hilarious and serious ways, how many people get so trapped in the revolving door of credit. 24 years old and already "one of a very few qualified to comment on this subject". I doubt it though. The George Bush, and the Republicans are the MOST financially irresponsible criminals in the history of economics. 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. Do not lose your faith. I'm 24. Don't forget that it is impossible to pay off a credit card by paying the minimum premium, and that interest causes the sum of your debt to expand. It might not be a lot of money to YOU, but to a broke college student I imagine it must have been quite overwhelming. So good luck, Luke. There was one particular testimony of an aged widow who was left with a $4,000 a month mortgage payment who could only hope to make it by selling her dish collection. The system will change in the long run. What would have happened to those kids if they would have bought a honda accord? Throughout, it is shown how we have misconceptions about credit and how seriously in debt it has put many American customers. You also didn't define "greed". Full Series: every season & episode. You call GWB financially irresponsible while ignoring the unsurpassed amount of debt Obama has created in just three years. Excellent summation. The main criticism of Capitalism is external factors that can't be quantified (predicted). Many other places in the workd are being effected but the finincial inpropriety of US institutions. (adsbygoogle = window.adsbygoogle || []).push({}); This was so interesting to watch and very informative. do you understand what "predatory" means? Directed by James D. Scurlock. It's like writing a comedy and censoring the punchlines! And f*** you for making money off someone else's work ( this doc and others ) placing ads and embedding the s*** from youtube. Republican policies destroyed this country and in this documentary you see the effect. "Maxed Out" is a documentary about credit cards, and the banks that own them.I am educated, but I really went back to school after viewing this. I want to see the lady who bought the big expensive house in Vegas now!!! Its not worth it. 3) WHY assume he didn't pay his own college fees!! Excellent documentary, pity about the captions, no seriously, who picked that font. When Hurricane Katrina ravaged America's Gulf Coast, it laid bare an uncomfortable reality-America is not only far from the world's wealthiest nation; it is crumbling beneath a staggering burden of individual and government debt. And the fact that he wants to accumulate even more! To read how so many Presidents just used all of the money in the social security trust fund to cover the debt interest and minimum payments should be criminal. The debt problem in this country can be traced back to irresponsible public economic policies enacted by the right wing in the '70s. Maxed Out exposes the modern debt-style in all of its absurdities and contradictions. Please enable it to continue. BTW: I bet you came back to check for a response! Browse the latest Amazon Prime from with Yidio. The National debt problem is another issue. With Beth Naef, Mike Hudson, Louis C.K., Catherine Brown. Any one who has one bust it up, break it up, use a debit card, if in debt go to a debt repay me company there are plenty of great ones out there and they WILL help you get out of it. do you favor people trying to screw seniors, kids and folks that are down on their luck so that they can waterski behind their yachts? do not kill your self over this as the documentary said some people are. It was filmed after Hurricane Katrina when all of America suddenly realized how poor so many were. This is completely biased. I've seen captchas that are easier to read! May your superior intelligence and talents be applied to some useful work! What's worse is Americans don't understand that the downturn, the devaluation of the dollar, and the massive national debt will not only lead to a depression like they've never seen before but plummet the country into less than first world standard and there is nothing Obama can do about it at all. Some platforms allow you to rent Maxed Out for a limited time or purchase the movie and download it to your device. Something that goes like, "They expected me to pay my bills so there is nothing to do but hang myself". The "experts" are the usual suspects; given a 2011 perspective. I'm not even going to get back on here to check for a response. There is no sense arguing with a progressive liberal. And the credit card companies do not help either. I give this movie an F. It fails miserably to identify and address the root reasons for personal debt problems in a capitalistic society. The last couple of decades these generations have gotten so far in student loan debt alone they will be working to pay for living expenses, student loan debt and whatever else debt they accrue if they follow our governments lead.