this film be an interesting portrait into the business of lending . you see the many side of it . you see the many tragic story of people who spend themselves into insurmountable debt . you see the profitability of debt collection . you see the aggressive expansion of the credit market into area where creditor wouldn not have pursue before and since they use to not be profitable and like college student and and people with generally low income . what you do not see be why these previously risky and unprofitable sector of the market have suddenly become profitable . you get the impression that suddenly these previously high risk area have become profitable because the creditor have expand into these market and force them to be profitable and with new strategy . but this be naive . profitability have dramatically increase and new market have become open to creditor because interest rate have be steadily drop and to now rock bottom low . a central factor be debt be the interest rate and and it hard to really praise a movie about the debt industry that doesn not even mention change in interest rate or how the interest rate be be tamper with by the federal reserve . consumer lending be extremely profitable and a the movie say and but it hasn not always be so profitable and and if you fail to make an argument about what have be the important change and youre leave with an incomplete and misguided movie . the assumption be that people have somehow become addict to spending and that the credit card company be exploit this addiction . and yet for some mysterious reason use to not spend as much a they do now . the reality be that the credit card company previously do not expand into these untapped market precisely because they be way to risky and would result in more loss from credit that be never repay than profit from late fee interest . but once the federal reserve drop the interest rate down to unprecedentedly low level and the risk change and even those people who may not be ultimately able to pay beck their debt and can become profitable . but god forbid anyone should want to blame the federal reserve and alan greenspan for all of the irresponsible spending . you see and when you lower the interest rate it doesn not just effect spending but it also effect save . low interest rate mean low return on saving account and as well a low loss on debt . it become more desirable to spend what money you have now ( why save money youre go to earn almost no interest on . ) and and then continue spend what money you do not even have yet . it always preferable to have thing now than have thing in the future . so if a store offer you a plan where you buy a tv interest free for six month and then you can just say and so what if i have do not have the money now and i will have it in six month . if i buy the tv now and then i can enjoy the benefit of have the new tv and put off the cost of pay for it . that a double bonus . the conclusion of the movie seem to be that we need be to regulate the credit industry to help all of these people who can not take care of themselves . maybe we will install credit card with some sort of child proof lock and which will somehow becomes active when youre about to make an imprudent purchase . more likely and though they would just raise the minimum age for get a credit or regulate the credit limit available to low income people and or something like that . both idea sound equally bad . a good idea might be to prevent the federal reserve from tamper with interest rate so that we do not continue to encourage an ultimately unsustainable spend now pay later economy in the mistaken belief that somehow the economy be drive by consumer spending . in short and this movie will show you a lot about the credit industry that you do not know . if it serve any benefit and it will hopefully scare you out of spend yourself into insurmountable debt . nonetheless and without any insight into what actually contribute to consumer debt ( which include economic factor and like interest rate ) then the movie degrade into an anti big business polemic of misplaced blame .