MPOWER reports your loan balance and monthly payment history to the U.S. credit bureaus (Experian, TransUnion, and Equifax) each month. Showing a positive payment history allows you to build a solid U.S. credit history and enables other creditors to make decisions regarding your creditworthiness.
Please note that MPOWER does not currently report to Canadian credit bureaus, but students at Canadian schools can establish a U.S. credit history with MPOWER. A U.S. credit history is often useful for students trying to establish a credit history in Canada.