Home Authors Bethany Hickey
Bethany Hickey

Bethany Hickey

Writer, Banking and Loans

Bethany Hickey is a personal finance writer at Finder, specializing in banking, lending, insurance, and crypto.

Bethany’s expertise in personal finance has garnered recognition from esteemed media outlets, such as Nasdaq, MSN, Yahoo Finance, AOL and Newsweek. Her articles offer practical financial strategies to Americans, empowering them to make decisions that meet their financial goals. Her past work includes articles on generational spending and saving habits, lending, budgeting and managing debt.

Before joining Finder, she was a content manager where she wrote hundreds of articles and news pieces on auto financing and credit repair for CarsDirect, Auto Credit Express and The Car Connection, among others.

Bethany holds a BA in English from the University of Michigan-Flint, and was poetry editor for the university’s Qua Literary and Fine Arts Magazine.

Expertise

  • Personal finance
  • Banking
  • Auto loans
  • Insurance
  • Cryptocurrency and NFTs

Education

  • Bachelor of Arts, English-Writing

Educational organizations

  • University of Michigan-Flint

Featured publications

Industry insights from Bethany Hickey

We asked Bethany Hickey for her thoughts on borrowing during a recession and how to choose the best loan.

Is it a good idea to take out a loan during a recession?

The answer isn’t so straightforward, unfortunately. In a recession, it may be harder to qualify for a loan, because lenders are known to tighten up stipulations to reduce risk. We occasionally see lower rates in business loans as a way to stimulate the economy, but that’s not always the case. It can be good before a full-out recession to prepare by sorting out your finances — such as consolidating your credit card debt or refinancing a home for a lower interest rate while the getting is good. But if rates are high and your credit isn’t great, it may be a better idea to hold off on taking on new loans to reduce your risk of default during a recession.

How do I choose the best personal loan when my credit isn’t great?

Personal loan rates can get high if you have poor credit. Most personal loans are unsecured, so they carry a little more risk and lenders tend to charge higher rates. And with short-term installment loans and payday loans, you could see a 200% APR or higher. My advice would be to avoid no-credit-check payday loans, if at all possible. And even with a credit score of around 580 to 670, there are plenty of personal loan providers that could work if you have steady income. Also consider a cosigner or coborrower to increase your approval odds. And adding someone else to the loan could get you a higher loan amount or lower interest rate (or both!).

Latest articles by Bethany Hickey

335 articles written by this author

5 signs it’s time to switch banks

You have so many banking options, so make sure yours offers the strongest perks.

Bethany Hickey 23 February 2024
5 signs it’s time to switch banks

Baselane review

A property management software and account designed for landlords.

Bethany Hickey 16 February 2024
Baselane review

5 must-know tips to managing your money wisely

From budgeting to taking advantage of cashback rewards, use these five tips to help you manage your money.

Bethany Hickey 14 February 2024
5 must-know tips to managing your money wisely

How to write a business plan

Your business plan should include a mission statement, goals and strategies. See a step-by-step guide to writing a successful business plan.

Bethany Hickey 13 February 2024
How to write a business plan

How much does it cost to start a business?

Startup costs can be steep, but there are various funding options to help make launching your business more affordable.

Bethany Hickey 13 February 2024
How much does it cost to start a business?

StellarFi review

StellarFi is a credit reporting app that helps you build credit with bills you already pay. No credit checks are required and you won't be charged interest.

Bethany Hickey 22 January 2024
StellarFi review

10 credit score myths debunked

These are the most common myths about late payments, debts, joint accounts and more. Don't fall for these myths about your credit report.

Bethany Hickey 11 January 2024
10 credit score myths debunked

Does checking your credit score lower it?

No, checking your credit score does not lower it, so you can check your score as often as you want. Learn how to keep track of your credit score here.

Bethany Hickey 10 January 2024
Does checking your credit score lower it?

How to build credit fast

Ways to build credit fast include: being added as an authorized user, lowering credit card balances, getting a higher credit limit and more.

Bethany Hickey 10 January 2024
How to build credit fast

Soft pull vs. hard pull: What’s the difference?

Learn the difference between hard credit inquiries and soft credit inquiries.

Bethany Hickey 10 January 2024
Soft pull vs. hard pull: What’s the difference?
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