We at MPOWER (collectively, “we” or “us”) are proud to offer you financial services and products that help remove financial barriers to higher education. We value openness and honesty so we wanted to tell you how we collect and protect the information you provide us through this website.
This website policy describes how MPOWER (including its partners) collects, uses, protects, and shares your information in connection with MPOWER’s website at www.mpowerfinancing.com (“Website”), MPOWER’s mobile application, and any student lending or related services (“Services”) offered through the Website. The terms “MPOWER” or “Company,” refer to MPOWER Financing, Public Benefit Corporation.
MPOWER collects several types of information about you, from you and from third parties, including information:
We collect this information:
The information MPOWER collects on or through our Website may include:
We may sometimes supplement the information you submit to us with information from third party sources. For example, if permitted by law, we may supplement your borrower inquiry information with address standardization data to make sure the address you have entered is correct.
MPOWER may automatically collect certain information about how you use our Website, including:
The information we collect automatically helps us improve our Website and Services by letting us:
To automatically collect this information, we may use:
Some browsers have “Do Not Track” features that allow you to tell a website not to collect information about your online activities over time and across third-party websites or other online services. How browsers communicate the Do Not Track signal is not yet uniform. As a result, our Website is not yet set up to interpret or respond to Do Not Track signals communicated by your browser.
We do not control these third parties’ tracking technologies or how they may be used. If you have any questions about an advertisement or other targeted content, you should contact the responsible provider directly.
MPOWER uses your information to:
We may also use your information to:
MPOWER may share information from or about you with:
You can review and change your personal information by logging into our Website and visiting your account profile page.
You may also contact us at https://www.mpowerfinancing.com/contact-us/ to request access to, correct or delete any personal information that you have provided to us. We cannot delete your personal information except by also deleting your user account. We may not accommodate a request to change information if we believe the change would violate any law or legal requirement or cause the information to be incorrect.
MPOWER aims to make sure your information is safe and to protect you against fraud. When you fill out the borrower inquiry form or registration form on our Website, the information you provide is sent directly to our third party cloud-based Customer Relationship Management (CRM) provider using a SSL/TLS, bank-grade encryption that complies with PCI Security Standards. When you provide information that we use to determine whether you qualify for a loan, the information you provide is delivered using a secured email protocol document exchange that uses SSL, bank-grade encryption that is PCI-compliant. Only authorized employees can access your information, and only after they verify their identity. MPOWER does not store your personal information on our company systems. Instead, your personal information is stored in data centers that are protected by physical, electronic, and procedural safeguards.
MPOWER does not intend to collect or solicit any information from children under the age of 13 and MPOWER’s Services are not directed to children under the age of 13. If we learn that we have collected information from a child under the age of 13, we will delete that information as soon as possible. If you believe that we might have any information regarding a child under 13, please contact us at https://www.mpowerfinancing.com/contact-us/.
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.
2021 © MPOWER Financing, Public Benefit Corporation NMLS ID #1233542. 1101 Connecticut Ave NW Suite 900, Washington, DC 20036