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
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? Everything Homeowners Should Know
The HELOC and home equity loan appraisal process can look different today thanks to the...
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...
What Credit Score Do You Need to Refinance Student Loans?
Student loan refinancing refers to combining multiple student loans into one new loan with a...
HELOC vs. 401(k) Loan: Which Is Better?
A home equity line of credit lets homeowners borrow money using their home equity, while a 401(k) loan allows individuals to borrow from...
Student Loan Payments Too High? 7 Strategies to Lower or Pause Them
If your student loan payments are too high, you have options to lower or temporarily...
Reverse Mortgages vs. HELOCs vs. Home Equity Loans: Which Option Is Best for You?
Choosing between a reverse mortgage, HELOC, or home equity loan might feel unclear, especially when...