Exhibit4.7(i)
                                                                   -------------


                             AMENDMENT NUMBER SIX TO
                     AMENDED AND RESTATED SECURITY AGREEMENT


     This  Amendment,  dated as of July 6, 2001 (this  "Amendment"),  is made by
UNION ACCEPTANCE FUNDING  CORPORATION,  an Indiana  corporation,  as Seller (the
"Seller"),  UAFC  CORPORATION,   as  debtor  (the  "Debtor"),  UNION  ACCEPTANCE
CORPORATION,  individually  ("UAC"),  and as collection agent (in such capacity,
the "Collection Agent"),  ENTERPRISE FUNDING CORPORATION,  (the "Company"), MBIA
INSURANCE CORPORATION, as financial guaranty insurer (the "Insurer") and BANK OF
AMERICA,  N.A.,  individually  ("Bank of America"),  and as collateral agent and
agent for the Company, the Bank Investors,  and the Insurer (in such capacities,
the "Collateral  Agent"),  pursuant to Section 9.2 of the Security Agreement (as
defined  below) among the Seller,  the Debtor,  UAC, the Collection  Agent,  the
Company, the Insurer, Bank of America and the Collateral Agent.

     WHEREAS,  the Seller,  the Debtor,  UAC, the Collection Agent, the Company,
the Insurer, Bank of America and the Collateral Agent are parties to the Amended
and  Restated  Security  Agreement  dated as of May 12, 2000 (as the same may be
amended,  supplemented  or otherwise  modified from time to time,  the "Security
Agreement");

     WHEREAS,  the  parties  have  agreed to amend  the  Security  Agreement  as
hereinafter provided;

     NOW, THEREFORE, the parties hereby agree as follows:

     Capitalized  terms used and not  otherwise  defined  herein  shall have the
meanings assigned to them in the Security Agreement.

     AMENDMENT.  The definition of Noteholder's  Percentage set forth in Section
1.1 of the Security  Agreement  shall be amended,  solely for the  Determination
Date  occurring on July 6, 2001, by deleting it in its entirety and restating it
as follows:

     "The Noteholder's Percentage shall mean 98.25%."

     WAIVER.  The Termination  Event contained in Section 7.1(m) of the Security
Agreement,  requiring that the Net Yield,  as of the July 6, 2001  Determination
Date, exceed 2.00% shall be waived,  solely for the Determination Date occurring
on July 6, 2001.

     FULL  FORCE AND  EFFECT.  Except as  specifically  set  forth  herein,  the
Security  Agreement  is and shall be, in full force and effect and are hereby in
all respects ratified and confirmed.

     GOVERNING LAW. THIS AMENDMENT AND WAIVER SHALL BE GOVERNED BY AND CONSTRUED
IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.

     COUNTERPARTS.  This Amendment may be executed in any number of counterparts
and by different parties hereto in separate counterparts,  each of which when so
executed  shall be deemed to be an original and all of which when taken together
shall constitute one and the same instrument.

     EFFECTIVENESS.  This Amendment shall become  effective as of the date first
written above when (i)  counterparts  of this Amendment shall have been executed
by each of the Seller,  Debtor,  UAC, the  Collection  Agent,  the Company,  the
Insurer,  Bank of America and  Collateral  Agent and (ii) the  Collateral  Agent
shall have received a fully executed copy of this Amendment.


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<PAGE>



IN WITNESS  WHEREOF,  the  parties  hereto  have  executed  and  delivered  this
Amendment Number 6 as of the date first written above.

                                  ENTERPRISE FUNDING CORPORATION,
                                  as Company



                                  By: /s/ Tony Wong
                                     -------------------------------
                                     Name:  Tony Wong
                                     Title:  Vice President



                                  UAFC CORPORATION, as Debtor


                                  By: /s/ Leeanne W. Graziani
                                     -------------------------------
                                     Name:  Leeanne W. Graziani
                                     Title: President



                                  UNION ACCEPTANCE FUNDING CORPORATION,
                                  as Seller



                                  By: /s/ Rick A. Brown
                                     -------------------------------
                                     Name:
                                     Title:



                                  UNION ACCEPTANCE CORPORATION,
                                  individually and as Collection Agent



                                  By: /s/ Melanie S. Otto
                                     -------------------------------
                                     Name:
                                     Title:

<PAGE>


                                  MBIA INSURANCE CORPORATION, as Insurer



                                  By: /s/ Theresa Murray
                                     -------------------------------
                                     Name:   Theresa Murray
                                     Title:  Director



                                  BANK OF AMERICA, N.A.,
                                  individually and as Collateral Agent,


                                  By:  /s/ Christopher G. Young
                                     -------------------------------
                                     Name:   Christopher G. Young
                                     Title:  Vice President