_(1).jpg?fit=%2C&ssl=1 "International students can now refinance their student loans")
International students can now refinance their student loans
November 18 2021 – 08:20AM
Business Wire
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MPOWER Financing Launches International Student Loan Refinancing Product
MPOWER Financing, a mission-oriented fintech company and the leading provider of education loans for promising international students, has launched an international student loan refinancing program
(‘Refi’) for international graduates now working in the United States.
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International Students Can Now Refinance
Their Student Loans (Graphic: Business Wire)
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With the launch of this program, MPOWER ensures that promising graduates from around the world can start their new careers with a solid financial foundation by refinancing up to $ 100,000 of educational loans from financial institutions around the world. In addition to freeing themselves from co-signer and collateral obligations, selected applicants can significantly lower their interest rates while building their credit history in the United States.
“Being able to refinance my Indian student loan through MPOWER has been a great relief,” he said. Aniket Sinha, one of MPOWER’s recent refi customers. “Since graduating from the University of Florida, I have landed a fantastic job in the computer science field of my choice. However, I was still worried about paying my loan, and my parents were still responsible for it. With MPOWER, not only am I saving thousands of dollars each year, but I also have the peace of mind that my parents are free and no longer a burden like my co-signers as they move into retirement. “
“Refinancing my Indian loan with MPOWER leaves more money in my pocket and helps me establish myself financially in the United States,” he said. Rahul Gunasekaran, another recent MPOWER refinance customer . “Now that I’ve graduated from George Mason University and have a great job in information security, I want to make sure my parents are no longer a financial burden. My MPOWER loan helps me save thousands of dollars a year, while putting me in a strong position and relieving my parents of their financial obligations. “
Applicants who meet the requirements must have graduated from an American or Canadian university and have at least three months of work experience. You can opt for a wide variety of work authorizations, such as OPT, H1-B and others. Interested applicants can learn more and apply on the MPOWER website.
MPOWER loans are without collateral or co-signers, and students benefit from credit building, immigration counseling, and job search assistance through MPOWER’s Path2Success program. As a mission-driven organization, MPOWER is committed to providing loans that are financially sustainable for students.
About MPOWER Financing:
MPOWER Financing, headquartered in Washington, DC and with offices around the world, is a mission-driven fintech company and the leading provider of global education loans. It is the only student lender in the world that uses its own algorithm to analyze credit data abroad and at home, as well as future income potential to serve high-potential DACA and international students. MPOWER works with more than 350 world-class universities in the United States and Canada to provide funding to students from more than 200 countries. The MPOWER team, which is largely made up of former international students, helps build students’ credit histories and provides them with personal financial education and professional support to prepare for life after school. MPOWER has been named one of American Banker’s Best Places to Work, One of the Best Technology Workplaces for Diversity, and one of American Banker’s Best Fintech Companies to Work For four years in a row. The team is backed by Tilden Park Capital Management, King Street Capital Management, ETS Strategic Capital, Drakes Landing Associates, Pennington Alternative Income Management, Zephyr Peacock, Breega, Power Ventures, Goal Solutions, Gray Matters Capital, Cometa, AI8, DreamIt, 1776 , Village Capital, Fresco, K Street and University Ventures.
The original text in the source language of this release is the official authorized version. Translations are provided as an adaptation only and must be checked against the text in the source language, which is the only version of the text that will have legal effect.
View the original version on businesswire.com: https://www.businesswire.com/news/home/20211118005811/es/
Colby Jones
The Relentless Collective
(646) 709-5476
Colby@TheRelentlessCollective.com
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