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Articles Tagged:

debt management

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Le uh-oh: Chairman's personal assets frozen as LeEco's debt crisis worsens

It's been a difficult year for LeEco, and it looks as though things may be about to go from bad to worse. The Chinese tech firm had ambitious plans to break into the US market, particularly with its LeMobile phones, but mounting debt and poor sales leave it in a perilous position. Just last month we learned that Jia Yueting was voluntarily leaving his position as CEO at the same time as around 70% of the organization's US workforce was let go. The LeEco founder, who remained as chairman of the company's private smartphone branch, has now had $182 million worth of personal assets frozen after a missed loan repayment.

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WalletHub is the newest free credit score Android app that brings a lot to the table for debt management

Your credit score is one of those things that's really annoying, but very critical to surviving in our economy (like it or not). Regardless of whether that number is something to be proud or ashamed of, you definitely need to keep an accurate idea of where it sits. That's where WalletHub comes in, the newest kid on the Android block to offer you a free peek at your score. The company has been around for a few years, but its app does so much more with the catch of being completely free.

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