Home Authors Bethany Hickey
Bethany Hickey

Bethany Hickey

Editor, Banking

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, GOBankingRates, SuperMoney, 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

0 articles written by this author

Your survival guide to bank account switching deals

Are switching deals worth the stress these days? Here’s how to bag the most cash and keep your cool in the process.

Louise Bastock 14 June 2024
Your survival guide to bank account switching deals

Changing Help to Buy ISA rules could help more than 2 million first-time buyers

A recent Freedom Of Information request made by the comparison site, Finder, has found that millions of people could be trapped in Help To Buy (H2B) ISAs, with nearly 2.2 million H2B ISAs currently open.

Matt McKenna 13 June 2024
Changing Help to Buy ISA rules could help more than 2 million first-time buyers

Get up to £200 off any flight via credit card points

Full members can now redeem their Yonder points on any flight booking.

Michelle Stevens 12 June 2024
Get up to £200 off any flight via credit card points

Advertising features

Advertising features from our award-winning team are finance like you've never seen it before. Here's how it works.

Finder 12 June 2024
Advertising features

Sponsored content

Sponsored content from our award-winning team is finance like you've never seen it before. Here's how it works.

Finder 12 June 2024
Sponsored content

Premium content with sponsorship

Premium content with sponsorship is made by our award-winning team. It's finance like you've never seen it before. Here's how it works.

Finder 12 June 2024
Premium content with sponsorship

Co-operative Bank switch deal: June 2024

Open a new current account with The Co-operative Bank and take advantage of the latest switching bonus.

Ricky Davies 11 June 2024
Co-operative Bank switch deal: June 2024

Trade who? Tradu trading platform review

Tradu recently launched in the UK. Find out what Finder’s investing expert thought when testing and using the trading platform

George Sweeney, DipFA 7 June 2024
Trade who? Tradu trading platform review

Lightyear trading app launches social investing features

Here are the latest updates to Lightyear's investing platform; including social features, new financial analysis metrics and higher interest rates for its Vaults.

George Sweeney, DipFA 7 June 2024
Lightyear trading app launches social investing features

Tax relief on pension contributions: How to claim

Find out if you can claim a tax rebate on pension contributions, and how to get back any money you're owed. Our case study got £1,800.

Ceri Stanaway 6 June 2024
Tax relief on pension contributions: How to claim
Go to site