Maxed Out: A Financial Horror Flick

Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.


maxedout.gif

Maxed Out, a new documnentary on the dark side of the debt industry, opens today in San Francisco, Los Angeles, New York, D.C., and other cities. I haven’t seen the film, which is getting good reviews, but I just reviewed the companion book written by the director, James Scurlock, in our current issue. It’s a good read—it feels wrong to describe a book like this as entertaining, but it’s a surprisingly readable look at how the financial industry is taking millions of Americans for an expensive ride. It’s packed with disturbing tidbits like this: Low credit card balances actually hurt your credit rating, and if you’re one of the lucky few who can pay off your bills each month, you’re what’s known in the biz as a “deadbeat.”

We've never been very good at being conservative.

And usually, that serves us well in doing the ambitious, hard-hitting journalism that you turn to Mother Jones for. But it also means we can't afford to come up short when it comes to scratching together the funds it takes to keep our team firing on all cylinders, and the truth is, we finished our budgeting cycle on June 30 about $100,000 short of our online goal.

This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

payment methods

We've never been very good at being conservative.

And usually, that serves us well in doing the ambitious, hard-hitting journalism that you turn to Mother Jones for. But it also means we can't afford to come up short when it comes to scratching together the funds it takes to keep our team firing on all cylinders, and the truth is, we finished our budgeting cycle on June 30 about $100,000 short of our online goal.

This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate