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  2. Repay your Loan

Repay your Loan

Learn how to make payments and how your payments impact your credit.

Making Payments

  • How do I set up automatic payments?
  • How do I make a payment?
  • When do I start making payments?
  • Does MPOWER offer options to defer loan payments?
  • Can I pay more than my minimum amount per month?
  • How will I know how much is due each month and where can I find my payment history?

Loan Pay Off

  • What steps do I need to take to pay off my loan?

Payment Hardship

  • What can I do if I won't be able to afford the full monthly payment amount?
  • How does a forbearance period affect my ACH payments?

Credit Reporting

  • How can I improve my credit score with my MPOWER loan?
  • If I don't have a social security number, how does my loan help to build my U.S. credit history?

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DISCLAIMER - Subject to credit approval, loans are made by Bank of Lake Mills or MPOWER Financing, PBC. Bank of Lake Mills does not have an ownership interest in MPOWER Financing. Neither MPOWER Financing nor Bank of Lake Mills is affiliated with the school you attended or are attending. Bank of Lake Mills is Member FDIC. None of the information contained in this website constitutes a recommendation, solicitation or offer by MPOWER Financing or its affiliates to buy or sell any securities or other financial instruments or other assets or provide any investment advice or service.