MPOWER does not require or ask for cosigners or collateral for its loans.
Let's understand why
At MPOWER, we believe in making higher education accessible to everyone, including international and DACA students. That's why, unlike traditional lenders, we don't require cosigners or collateral. We're here to support your educational journey without the extra hurdles!
Future Potential: MPOWER applies a comprehensive review process including assessing your current academic performance, credit standing and your future earning potential based on your school and degree program. All of these factors are considered to predict success and repayment ability.
Confidence in Borrowers: MPOWER's approach shows trust in the student's potential. By funding based on merit and future success, MPOWER aligns its success with its borrowers.