Submission Statement:
This article details Mr. Beast's acquisition of the "banklike app" Step.
Step offers varied financial services to people below age 18 (with a sponsor) to build their credit scores and familiarize themselves with important tools like Credit Cards, Crypto Wallets, and Payday Loans.
Relevant as this sub often talks about the consumer financial industry market and it's impacts on the general public. We also talk about parenthood and the trends of youth participation in various aspects of society.
Tagged as Meme for obvious reasons.
Posted by CincyAnarchy
9 Comments
Why is Mr Beast trying to get teenagers into crippling debt
Mr beast payday lending for children
geuine evil
Can’t stand this guys face
Beast Now! Pay Later!
The man who once ran a child gambling ring is now trying to do child payday loans… what could possibly go wrong?
Parents should’ve already blocked that shit.
You know, an app operated at a loss to help kids learn simulated credit and debt to help them learn financial literacy would probably be a net positive for society as a whole and a major influencer like him would be a fantastic sponsor for it.
Somehow, I doubt that’s what this is. Especially given the mentioning of Crypto wallets and specifically payday loans.
I can see this creating a new set of consumer protection warnings down the line.
jfc Mr Beast speed running his villain arc