MPOWER reviews credit reports from your home country using a third-party credit bureau data aggregator,  Nova Credit. This allows MPOWER to comprehensively assess your credit history even if you haven’t established credit in the U.S. or Canada.

Nova Credit is a a credit infrastructure and analytics company that specializes in facilitating international credit history reviews. It helps lenders like MPOWER access and evaluate credit records from various countries, making it possible to assess the creditworthiness of international students who may not have established credit in the U.S. or Canada

MPOWER and NOVA Credit

During the application process, you will be directed to the Nova Credit portal where MPOWER integrates with NOVA for credit reporting. Provide authorization for Nova Credit to access your credit history from your home country. Nova Credit will retrieve your credit report from the relevant credit bureau in your home country.

The entire process, from initiating the request to submitting the report, can vary depending on the response time from your home country’s credit bureau. Double-check the information provided to Nova Credit to ensure incorrect details do not cause delays.

For applicants who have lived in the U.S. or Canada, MPOWER also checks credit reports from TransUnion to get a complete picture of your financial health.