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MPOWER Financing
- Financial Services
- Washington, DC
About this business
MPOWER Financing provides student loans to high-potential international and domestic students in the U.S.
Location details
1875 Connecticut Ave NW, Ste 110, Washington, DC, 20009, United States
Get directions| Weekday | Schedule | Status |
|---|---|---|
| Mon | 8:00 a.m. to 5:00 p.m. | |
| Tue | 8:00 a.m. to 5:00 p.m. | |
| Wed | 8:00 a.m. to 5:00 p.m. | |
| Thu | 8:00 a.m. to 5:00 p.m. | |
| Fri | 8:00 a.m. to 5:00 p.m. | |
| Sat | Closed | |
| Sun | Closed |
I have attempted to work with MPOWER several times and their requirements are ever changing. As a lender who claims evaluates our earning potential rather than credit alone, every decision I have received from them seems to be based on credit alone. I addressed some issues I had on my credit report and reapplied again - denied because I didnt meet their risk threshold. Mind you, these are the only student loans I would have upon graduating. The only other loan I have is a car loan. Working with them has been incredibly frust... read more
I am an international student pursuing a Master’s degree in the United States, funded by student loans from MPOWER Financing. My experience with MPOWER has been extremely frustrating and detrimental. Main Issues: 1. Delays and Discrepancies in Loan Approval and Certification: o Certification Delays: MPOWER promised the certification process would begin 60 days before classes and be completed within 3 to 6 weeks, as stated in email communications. However, there was a 3-month delay. o Approved Amount Discrepancy: Only $37,428... read more
Business response:
Dear ******* Dispinzeri,We have received your concern through the Better Business Bureau on January 22nd, 2025 related to the communication and status of your loan applications and disbursements. Upon review, MPOWER agrees there were opportunities to better address your concerns through our recent communication with you and are using this response to formally articulate the status of your application and pending disbursements.Your first referenced application was approved for $50,300; however, U.S. schools are required to ce... read more
Frequently asked questions about MPOWER Financing
How is MPOWER Financing rated?
MPOWER Financing has a 4 star rating with 63 reviews.
When is MPOWER Financing open?
MPOWER Financing is closed now. It will open at 8:00 a.m.
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