You can qualify for an interest rate discount with MPOWER Financing by taking the following steps:

Enroll in Automatic Payments: Make sure to register for automatic or recurring payments (autopay). This will give you a 0.25% discount on your interest rate. You can register for autopay with Launch (U.S. bank account) or NorthStar (Canadian bank account).

• Maintain Timely Payments: To keep the autopay discount, ensure that all your payments are made on time. If you have a returned payment, or if you request forbearance, you may lose this discount. If that happens, you'll need to re-enroll in autopay to regain the discount.

Refinanced Loans: Keep in mind that if you refinance with MPOWER, the 0.25% discount can also apply to the refinanced loan.