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
Personal Loan vs. Cash Advance
A personal loan is an installment loan that offers borrowers relatively quick access to cash, a lower interest rate than a credit card,...
Pros and Cons of Personal Loans
Personal loans are financial products providing individuals with lump-sum funds for many purposes. They are often unsecured and repaid over a fixed term...
Is a Personal Loan an Installment or Revolving Credit?
Personal loans are considered installment credit rather than revolving credit because they involve borrowing a...
Do You Need an Appraisal for a HELOC or Home Equity Loan?
The HELOC and home equity loan appraisal process can look different today thanks to the...
What Is the Downside to a Reverse Mortgage?
A reverse mortgage is a financial product tailored for homeowners aged 62 or older, enabling them to convert a portion of their home...
What Is a Reverse Mortgage?
A reverse mortgage is a loan that enables homeowners aged 62 or older to convert part of their home equity into cash without...
How to Apply for Small Business Loans
A small business loan is a funding option to give business owners the necessary capital to start, maintain, or expand their operations. Unlike...
How Do Small Business Loans Work?
For many entrepreneurs, securing a small business loan is critical to realizing their business dreams. Whether it’s launching a startup, sustaining day-to-day operations,...
What Is a 529 College Savings Plan?
Figuring out how to cover the cost of college for yourself or a loved one can be challenging. If you’re looking for a...
Pros and Cons of Refinancing Student Loans
Student loan refinancing refers to paying off multiple existing student loans (private or federal) with a new private student loan. Borrowers sometimes choose...