MPOWER Strikes Partnership with NerdWallet to Help Student Borrowers Make Better Financial Decisions

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MPOWER Financing announced today a partnership with personal finance resource NerdWallet, granting its borrowers access to licensed content from NerdWallet Wire.

MPOWER Partners with NerdWallet to Help Student Borrowers Make Better Financial Decisions

NerdWallet and MPOWER share a mission to do right by students, helping them find the best financial solutions for their needs.

MPOWER Financing announced today a partnership with personal finance resource NerdWallet, granting its borrowers access to licensed content from NerdWallet Wire. Designed to simplify complex financial topics, NerdWallet Wire supports MPOWER borrowers by providing objective answers to common financial questions, including quick-reference tools, tips, and detailed product reviews.

“We are very impressed with NerdWallet’s commitment to educating our demographic of borrowers,” said Mike Davis, MPOWER’s Co-Founder and CTO. “As a responsible lender, we know financial literacy education is crucial for students to get to and through college. This partnership with NerdWallet gives students access to expert assessments, which will help in their financial decision-making.”

Since 2009, NerdWallet has served as a go-to resource for consumers to make and manage financial decisions. The content partnership with MPOWER enables NerdWallet to introduce its resources to new audiences, helping to ensure more borrowers are educated before taking on student loan debt.

“NerdWallet and MPOWER share a mission to do right by students, helping them find the best financial solutions for their needs,” said Abbey Stauffer, Head of Education at NerdWallet. “As like-minded companies, we’re both striving to guide borrowers on the right path forward. We’re looking forward to growing our relationship with MPOWER.”

MPOWER’s relationship with NerdWallet complements its existing partnerships with Cology, FUTR, and USA Funds, which are designed to create greater borrower understanding and experiences. For example, the combined educational opportunities from NerdWallet and USA Funds enable students to build knowledge from comprehensive articles and then delve deeper into a subject with thorough online education. These partnerships enable MPOWER to continue helping borrowers make better loan decisions.

To read targeted student lending content from NerdWallet, visit MPOWER’s blog.

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About MPOWER Financing
As a Public Benefit Corporation, MPOWER removes financial barriers to higher education in the U.S. by working with investors and universities to lend to high-potential students who are left out by traditional banks. In addition to providing students with access to the financial resources necessary to attend and complete college, MPOWER builds students’ credit histories, provides them with personal finance education, and offers gateway financial products to prepare them for life after college. For more information, visit mpowerfinancing.com, or follow MPOWER on Twitter, Facebook, and LinkedIn.

About NerdWallet
NerdWallet offers consumers clarity for all of life's financial decisions. Whether it's credit cards, insurance, loans or investing, people lack the clear, unbiased information they need to make the best choice. With NerdWallet, consumers have free access to user-friendly tools and advice that save time and money, and give them the freedom to do more. NerdWallet is based in San Francisco and employs more than 400 Nerds. For more information, visit nerdwallet.com.

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Colleen Morrison
@MPOWERfinancing
since: 04/2014
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