Wednesday, April 9, 2008
4:00 to 6:00 p.m.
Maxine Goodman Levin College of Urban Affairs, Atrium
Glickman-Miller Hall
1717 Euclid Avenue

Have you ever completed a credit card application, just to qualify for a free T-shirt or book bag? If you answered yes, then you must see MaxedOut, a documentary that explores the inner-workings of the Consumer Credit Card industry.

MaxedOut exposes a business model that involves granting credit to people who can neither manage nor repay the mney that they are being given. Think the lending industry doesn't lend money unless they are sure they will get it back? Wrong. Late fees, over-limit charges and past due interest are all money makers.

Before you fill out another credit card application for a "no fee" credit card, come see MaxedOut and find out exactly how much that "free" card will cost you.

The movie will be followed by a panel discussion on "Good Credit vs. Bad Credit and How Do You Protect Yourself?" with

Jim Rokakis, Cuyahoga County Treasurer
Kathleen Engel, Associate Professor, Cleveland-Marshall College of Law
Richard Cordray, State Treasurer

Free and open to the public.