Articles by Shannon McNay

Shannon specializes in personal finance topics that revolve around money management, debt (especially student loans), and budgeting. She has contributed to various personal finance blogs and sites such as The Huffington Post, Business Insider, Lifehacker, Yahoo Finance, and more. Shannon is a big fan of coffee and her dog, Lucy. Education: B.A. in English from Northern Kentucky University.

How to Pay Off Credit Card Debt Faster Need a credit card payoff strategy? Here‘s how to lower your interest rates, utilize balance transfer credit cards, and use other methods to get out of debt. Does Closing a Credit Card Hurt Your Credit Score? Photo of Shannon McNay Shannon McNay Does Closing a Credit Card Hurt Your Credit Score? Anyone who’s battled credit card debt before may understand the feeling of wanting... Late Credit Card Payment? Here's What to Do Photo of Shannon McNay Shannon McNay Late Credit Card Payment? Here's What to Do We all have those moments. Either the due date flew by without us noticing or we... What Happens If You Don't Use Your Credit Card? Not using your credit card may seem harmless, but can have surprising effects on your credit score. How to decide if you should use or close your dormant card. What Happens if You Maxed Out Your Credit Card We all know maxing a credit card isn't good but do you know the consequences? Here's what happens if you max out your card, how to prevent it, and how to fix it. Cash or Credit Card: Which is the Best Way to Pay? Photo of Shannon McNay Shannon McNay Cash or Credit Card: Which is the Best Way to Pay? The world of personal finance is one that’s full of staunch opinions. Everyone... Credit Card Perks That Will Help Save Your Valentine’s Day Photo of Shannon McNay Shannon McNay Credit Card Perks That Will Help Save Your Valentine’s Day Valentine’s Day: perhaps one of the most stressful days of the year. What was... Credit Card vs. Debit Card: Which is the Best for Travel Abroad?. Traveling abroad? Find out the best way to access and spend your money so you can save on fees, earn rewards, and protect your finances while you travel. Which Cash Back Credit Card is Better: Chase, Discover or Citi? Of Chase Freedom, Citi Double Cash, and Discover It, which is best? MyBankTracker compares cash back credit cards to help you come to an informed decision. Should You Cancel a Credit Card That Never Use? Photo of Shannon McNay Shannon McNay Should You Cancel a Credit Card That Never Use? If you were to open up your wallet right now and look at your credit card...