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  1. MPOWER Financing
  2. Refinance Your Existing Student Loan
  3. Loan Eligibility: Credit Requirements

Loan Eligibility: Credit Requirements

  • What credit bureau does MPOWER use to pull my credit history?
  • Can I refinance my loan if I have bad credit or no credit history?
  • Do I need a cosigner or collateral to refinance my loan?
  • Do I need a U.S. credit history to refinance my loan?
  • Will a cosigner or co-applicant improve my chances of approval to refinance my loan?
  • Can I refinance my existing MPOWER loan?

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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.