Maxed Out: Hard Times, Easy Credit and the Era of Predatory Lenders

Hard Times, Easy Credit and the Era of Predatory Lenders Maxed Out: Hard Times, Easy Credit and the Era of Predatory Lenders by James D. Scurlock
My review
My rating: 5 of 5 stars
By now, everyone should know about the perils of easy credit and the promises that your home’s value will always go up. But James Scurlock saw this coming before many of us did, and warned about it in his documentary and book. The book provides a brief but damning history of how credit came to dominate our lives, along with a ton of examples of how the financial giants screw us at every turn, including, of course, buying politicians who are more than willing to sell their votes to deregulate the industry. But the book’s strength is its focus on the people behind the statistics. People like the army girl, now in the brig because she tried to save her marriage by charging things on her army plastic (standard issue, of course). People like the college kids who committed suicide after running up credit card debt, all because those credit card companies gave them a free t-shirt when pitching their wares on campus (I particularly felt the pain for those kids, having been too close to that myself).
Maxed Out is a must read (or must see, for the DVD lovers out there) for anyone who thinks they’re alone in the fight against their lenders, or frankly, just anyone who lives in our consumer-based society today.
Next up is Carpe Demon: Adventures of a Demon-Hunting Soccer Mom by Julie Kenner. Yes, that is seriously the title of the book.