Home Authors Kellye Guinan
Kellye Guinan

Kellye Guinan

Writer

Kellye Guinan is a seasoned financial writer with over 500 articles under her belt spanning all things loans from auto to personal to business and everything in between. With four years in the field and five years of research experience, she's able to make complex personal finance decisions easier for anyone to tackle. When she's not up to her knees learning about the latest trends in lending, she spends her time improving her own financial literacy and expertise — and maintaining a Duolingo streak of over 1,300 days.

Expertise

  • Personal, business, student and car loans
  • Credit scores
  • Car financing
  • Debt consolidation

Highlights

  • Author of over 500 articles on personal and business finance
  • Well-versed in breaking down government loan programs and requirements into easy-to-understand guides
  • Created rating methodologies — giving unbiased star ratings to over 100 lenders
  • Skilled at staying on top of trends in the lending industry to ensure readers get the most relevant, up-to-date content to better make decisions

Education

  • Bachelor of Science in anthropology | Middle Tennessee State University | 2013–2017
  • Bachelor of Arts in foreign language, German | Middle Tennessee State University | 2013–2017

Featured Publications

Industry insights from Kellye Guinan

We asked Kellye to answer our most burning questions about personal and car loans.

When does it make sense to use a personal loan for business expenses?

Mixing personal and business finances isn’t recommended in most cases — but many lenders won’t accept businesses that don’t meet strict revenue and time-in-business requirements. If you’re just starting out, a personal loan can help you grow your business in the first few months. Just make sure you have good credit and can afford the risk since you’ll be putting your personal assets on the line if you default.

How has the coronavirus pandemic changed the car-buying process?

Dealerships like Carvana were certainly a unique experience before 2020, but now the world has adapted to an online model. You can browse local sales and set up test drives from your computer. Best of all, interest rates continue to be competitively low, even for borrowers with bad credit. Of course, car prices have also increased — so your monthly payment may still be a significant chunk of change.

Why does interest rate matter more than monthly payment for car loans?

Your interest rate is the most critical factor when deciding on a car loan because it determines how much you’ll pay. Dealerships may try to manipulate your loan by offering lower monthly payments on a longer loan term. Don’t fall for this trick. Instead, compare loans based on interest rates and opt for a shorter term. You’ll pay less overall — even if your monthly payment is higher. And if the monthly payment is a strain on your budget, consider a less expensive model. Remember: You should try to keep car-related costs to less than 20% of your income.

Latest articles by Kellye Guinan

548 articles written by this author

All Service Financial review

All Service Financial is missing key pieces of information and doesn't have a direct number. Compare other services instead.

Kellye Guinan 12 January 2022
All Service Financial review

Apps like Possible Finance

Choose from 5 options to find the best pay advance solution. Top names like Dave and Brigit are joined by 3 other pay advance apps.

Kellye Guinan 9 December 2021
Apps like Possible Finance

Apps like MoneyLion

MoneyLion is a pay advance app stacked with features — and hefty fees to match. We've lined up 6 alternatives to help you go easy on your wallet.

Kellye Guinan 9 December 2021
Apps like MoneyLion

Gravity Lending review

Gravity Lending matches borrowers with lenders so you can get the best vehicle refinancing deal out there.

Kellye Guinan 8 December 2021
Gravity Lending review

Apps like Lenme

If you're considering using Lenme for a pay advance but its negative reviews are holding you back, we've lined up 7 alternatives that could offer more reliability and transparency.

Kellye Guinan 8 December 2021
Apps like Lenme

5 apps like Klover

Get access to the money you've already earned with one of these secure options.

Kellye Guinan 8 December 2021
5 apps like Klover

Money Management International review

Money Management International is a solid credit counseling company, but watch for lack of transparency with its fees.

Kellye Guinan 8 December 2021
Money Management International review

OneLoanPlace connection service review 2022

A simple online form to find lenders — but it lacks specific information to help guide your choice.

Kellye Guinan 8 December 2021
OneLoanPlace connection service review 2022

Klover pay advance app review

The Klover app is a good choice for people with steady income. And its optional boosts are an added benefit to using its service.

Kellye Guinan 5 November 2021
Klover pay advance app review

CapitalPlus invoice factoring review 2022

This lender offers invoice factoring specially designed for construction companies. Startups are welcome — but you'll need $20k in invoices.

Kellye Guinan 6 August 2021
CapitalPlus invoice factoring review 2022
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