How making movies with credit cards will ruin you

This article's a few years old:

https://www.nytimes.com/2005/11/20/movies/join-a-revolution-make-movies-go-broke.html

I don't think people pay for movies with credit cards anymore.Crowdfunding is the new thing. There are stories about crowdfunding being more work that people expected, but not that it ruined anyone's life.

I'd kind of like to hear if any film students' lives were wrecked by coaxing their parents into bankrolling their first movies. They all do it. John Waters seems like less of a rebel when you find out his father paid for his films. Better than Divine who used his parents' credit cards to pay for huge parties then hid the bills from them and ruined their credit.

Was El Mariachi revolutionary or did it just not cost very much? The 400 Blows was infinitely more political.