What Are Interest Rates and How Do They Work?
Interest rates—you’ve probably heard of them. But what exactly are they? How are they calculated? Don’t worry — after reading this post, you’ll feel confident… Read More
Rebecca Lake is a freelance journalist and personal finance expert specializing in credit, loans and debt repayment strategies for both Canadian and U.S. audiences. In addition to writing for the Birchwood Credit Solutions Auto Finance Blog, she is currently a contributor to CreditCards.com, the SmartAsset blog, the Chime bank blog and U.S. News & World Report’s investing and credit card channels. She also works with major Canadian and U.S. banking and insurance brands to produce digital finance content for consumer and small business audiences.
Her focus covers a broad range and includes topics such as banking, insurance, wealth management and small business financing. Previously, her work has been featured online at Credit Sesame, MyBankTracker.com, Investopedia, Yahoo Finance, MSN Money, the Lendio Blog and The Balance. She’s passionate about educating consumers on the ins and outs of car loans, personal loans and other types of financing, as well as credit, credit reporting and credit scores. Her work is focused on providing consumers and small business owners with actionable, practical tips for improving their credit, repaying debt and getting ahead financially. Based in the U.S., she lives on the southeastern North Carolina coast with her two children and an assorted collection of pets.