About Megan Hanna
Current Role
Finance writer and adjunct professor
Expertise
- Personal Loans
- Home Loans
- Credit Cards
- Banking
- Business Loans
Degrees
- MBA and doctorate in business administration from Grand Canyon University, bachelor's degree in business accounting from University of Phoenix, graduate-level certificate in banking from Pacific Coast Banking School
Personal Finance Experience
Megan spent much of her professional career in the banking industry in roles of increasing responsibility related to lending before transitioning to full-time writing and teaching.
As a commercial banker, she helped evaluate her client's business and personal financial conditions to help determine the types of loans that would best serve their needs. In addition, Megan spent nearly five years managing all of the lending policies for a large regional bank.
Besides her time spent in banking, Megan serves as a personal finance writer for major online publications, and teaches courses about accounting and finance at the college level. Megan is passionate about sharing knowledge with others, so she held a seminar about personal finance and banking for college students. She also helped teach children about money and personal finance in a volunteer capacity for various organizations. Her highest degree is a doctorate in business administration with an emphasis in data analytics from Grand Canyon University.
Latest from Megan Hanna
Can Your Social Security Income Be Garnished by the IRS and Creditors? Laws and Rules Explained
Can Social Security be garnished? In most cases, no, but certain government debts can result...
Can You Get a Passport If You Owe Back Taxes?
You can get a passport if you owe back taxes, depending on how much you owe. The IRS and State Department work together...
The Different Types of Home Equity Loans: HEL, HELOC, Cash-Out Refi
If you’re looking to borrow against your home’s equity, you have three main options: a...
2025 Ultimate Guide to the Tax Underpayment Penalty
The IRS underpayment penalty is a charge applied when you don’t pay enough taxes during...
[Q&A] Do I Have to Pay Back FAFSA? What to Know About Financial Aid Repayment
The Free Application for Federal Student Aid (FAFSA) is how students access federal financial aid,...
Will HELOC Rates Go Down in 2025?
As of late 2024, HELOC rates remain a crucial consideration for homeowners. With the Federal Reserve implementing modest rate cuts, the 2025 outlook...
What Are the 3 Types of Reverse Mortgages?
A reverse mortgage is a unique financial product that allows homeowners aged 62 or older to tap into their home equity. The three...
The 17 Pros and Cons of Home Equity Loans
Home equity loans let homeowners borrow a lump sum against their home’s equity—often at lower interest rates than unsecured loans. With predictable payments,...
Debt Snowball Method 101: How to Become Debt-Free
The debt snowball method is a strategy for paying off debt by first focusing on...
How to Stop Repossession [10 Ways]
Facing repossession can be stressful, but it doesn’t mean you’re out of options. Whether you’ve missed payments or your property has already been...