Articles by Simon Zhen

Simon Zhen is the chief research analyst for MyBankTracker and an expert on consumer banking products, bank innovations, and financial technology. Simon has contributed and/or been quoted in major publications and outlets including Consumer Reports, American Banker, Yahoo Finance, U.S. News - World Report, The Huffington Post, Business Insider, Lifehacker, and AOL.com. Education: Education: B.S. in Health Sciences from Stony Brook University.

HELOCs Vs. Home Equity Loans: Which Option Is Better? Learn the main similarities and differences between the HELOCs (Home Equity Line of Credit) and Home Equity Loans. Where to Find the Best HELOC Loan? Photo of Simon Zhen Simon Zhen Where to Find the Best HELOC Loan? The HELOC has become a popular choice for refinancing and paying for home... How to Use Your $1,200 Stimulus Check Wisely Photo of Simon Zhen Simon Zhen How to Use Your $1,200 Stimulus Check Wisely As Americans receive their stimulus payments from the IRS, you may be wondering... What is Covered by Homeowner's Insurance Policies? Learn what is covered (and not covered) by your homeowner's insurance policy so that you understand when to file a claim for damages. When Should New Parents Get Life Insurance? Find out when new parents should start thinking about life insurance coverage to protect their children, financially, in case the worst happens. How Much Do You Need to Save for Retirement? Photo of Simon Zhen Simon Zhen How Much Do You Need to Save for Retirement? Retirement is a lingering financial goal that many people have on their... Don't Get a Payday Loan: Consider These Alternatives Photo of Simon Zhen Simon Zhen Don't Get a Payday Loan: Consider These Alternatives Everyone has faced a situation where they need money they don’t immediately... What is Retirement Annuity: Should You Buy it? Learn what are annuities and what are the pros and cons purchasing it. Find out if it fits your retirement plan. Virtual Credit Card Account Numbers: What You Need to Know Many people have never heard of this tool but it's one that can protect your credit card information. Here's how it works and why you should consider using it. Mortgage Borrowing Basics For First-Time Home Buyers Photo of Simon Zhen Simon Zhen Mortgage Borrowing Basics For First-Time Home Buyers 1. How to Get a Mortgage & Loan Eligibility What lenders look for When...