Maxed Out | 2007
A chronicle that slices into the American financial landscape, revealing alarming statistics and heart-rending testimonies. In a journey through the deep south, an investigative journalist explains why the world's largest banks are trolling the backwoods for profits. At universities, large credit card issuers pay millions for students' personal information, setting the kids up for ruin. Meanwhile, the collection business has become like the Wild West where young men make fortunes off of the misfortune of others. All it takes is a high-speed Internet connection, a telephone and a competitive spirit. Nine out of ten credit reports contain negative errors, but it's not in the industry's interest to correct them. Nor is it likely the politicians will take action. The credit industry's lobbyists now not only write legislation but have succeeded in eliminating fundamental rights. Equal parts exposé and call to arms, Maxed Out crisscrosses the country unearthing the stories behind the credit cards and revealing the shocking secrets of the modern financial industry.