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
What Is a Sale-Leaseback Transaction in Real Estate?
A sale-leaseback transaction can be a strategic financial move for businesses looking to unlock the...
Student Loan Interest Rates by Year
If you’re a student or parent researching how student loan interest rates have changed, you’re likely preparing to take out a loan or...
How Dropping Out of School Affects Student Loans
Dropping out of school can be stressful, especially if you have student loans. Knowing what...
Are Student Loans Amortized?
If you’re using a student loan to pay for college, it’s often considered a term loan that’s fully repaid in equal payments over...
Is It Illegal to Spend Student Loan Money Outside of School?
Student loans have strict guidelines regarding how the funds can be spent because they’re intended...
How Much Income Do I Need for a HELOC?
Lenders evaluate several financial measures when you apply for a home equity line of credit (HELOC). Although most lenders don’t specify a minimum...
HELOC vs. 0% Interest Credit Card
When deciding between a HELOC and a 0% credit card, it’s crucial to consider your financial situation, borrowing needs, and repayment capacity. Factors...
What Happens to a Reverse Mortgage If You Die?
A reverse mortgage is a loan allowing homeowners 62 years and beyond to convert part...
How to Pay Off a Personal Loan Early
Many individuals seek ways to pay off their personal loans early to save on interest, improve their debt-to-income ratio (DTI), or achieve financial...
How to Choose a Personal Loan Term Length
Loan repayment terms can range from short to long, offering flexibility to match borrowers’ financial needs. This allows for financial strategies tailored to...