GMAT Club

[Loans] MPOWER Financing Reviews

MPOWER Financing is a tech-enabled student lender working with high-promise global citizens to further their academic and financial aspirations. We work with investors and universities to lend to students coming from all parts of the globe at a fixed-rate, without the need for a co-signer or collateral. In addition to providing students with access to the financial resources necessary to attend and complete school, we build up students' credit histories and provide personal finance education and professional development tools.
Get funding for your MBA today with MPOWER Financing

Reviews:

4 Reviews
4.8 Average
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December 10, 2018
rachanadhekane

Joined: Dec 10, 2018

Posts: 0

Kudos: 0

Mpower Best Student loan service ever!

REVIEWER IDENTITY VERIFIED by school email address [?]

MPower gives the fastest feedback on your loan application. They help by contacting you and helping step by step if stuck somewhere. they also make sure process is expedite as they understand the urgency for student loan at international level. The ROI is truly low and they also give options to reduce it by signing for auto payment. Best match found so far. When the loan application is complete, they assign you a dedicated consultant who helps you throughout the process. They also have $300 for referral bonus if you refer your friend. genuinely recommend MPower if you are studying abroad. All the best for your studies

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October 28, 2018
funkystan

Joined: Apr 05, 2018

Posts: 0

Kudos: 0

Ease of Getting Loan

REVIEWER IDENTITY VERIFIED by school email address [?]

I had never imagined that I'd get funding so easy but I gave Mpower a trial and was surprised how easy it went. Although I wanted more in funding, I got funding that was fairly reasonable (guess based on their analysis).
MPower is a very reliable lender, especially for international students. The process is seamless if you can follow through instructions. Also they are not all rigid about requirements and allow for flexibility in demands. Loans are disbursed as soon as verified and they follow through your settling down. Nice initiative! Thumbs up Mpower.
I wish the threshold for funding could be increased.

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October 30, 2018
MPOWERFinancing

Thank you for your feedback. We're thrilled we can help you fund your education :)

October 26, 2018
ayan.halder

Joined: Jun 01, 2015

Posts: 0

Kudos: 0

MPOWER helped me get my MBA

REVIEWER IDENTITY VERIFIED by membership [?]

It's not just the GMAT and the grueling application process. The major roadblock for any international student coming for an US education is the funding. For me, Indian banks weren't an option because of their limited funding and collateral-based approach. Prodigy Finance agreed to fund half of what I needed and asked me to show the rest in "non-debt" funds! Although I didn't know much about MPOWER at that time, a quick google search took me to their homepage and they approved my requested loan amount within 5 days of application. I can't thank the MPOWER team enough for what they did when almost all other doors for funding were closed.

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October 30, 2018
MPOWERFinancing

Thanks for your feedback and review - we appreciate it and we're happy to have helped fund your education!

October 23, 2018
lvladutu

Joined: Oct 23, 2018

Posts: 0

Kudos: 0

Excellent Lender, Fast and no co-signer

REVIEWER IDENTITY VERIFIED by school email address [?]

I am an international student with a desire to study in the USA for a Masters program starting the Fall semester of 2018. I had no funds to help me cover tuition costs and living costs. Therefore, a student loan was my only option. MPOWER was the only lender to have the no co-signer option making possible for me to start my program. All the processing of my documents from their part was fast and easy, with possibilities of filling the complete paperwork online. The single aspect that I wish MPOWER would change is the very high-interest rate that I got(12.99%).

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October 30, 2018
MPOWERFinancing

Thanks for your feedback! We're happy to help fund your education. Don't forget that we offer up to 1.50% in interest rate discounts for simple activities such as signing up for auto-pay. Reach out to our Customer Success Team at mpower.me@mpowerfinancing.com if you would like assistance on this.