Consumer complaint received 2024-10-07 00:00:00
Product: Payday loan, title loan, personal loan, or advance loan — Personal line of credit
Issue: Getting a line of credit — 
Company: ENOVA INTERNATIONAL, INC.
State: VA

Complaint narrative:
XXXX : Securitization Department/Investor Relations- c/o XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX. XXXX # XXXX XXXX XXXX : XXXX XXXX XXXX XXXX XXXX XXXX 
XXXX, Illinois Application # : XXXX Security Account XXXX XXXX Case XXXX XXXX XXXX Greetings Team, I hope this message finds you well. 

The Uniform Commercial Code must be interpreted broadly to promote its fundamental objectives, which are : ( 1 ) to simplify, clarify, and modernize the law governing commercial transactions ; ( 2 ) to facilitate the continued expansion of commercial practices through custom, usage, and mutual agreement among the parties; and ( 3 ) to standardize the law across various jurisdictions.

I have provided the requested documentation for this security account/application note. Additionally, I would like to propose a counter-offer for a limit increase of {$3000.00}, in conjunction with the {$1400.00} for which I have already been qualified for, bringing the total to {$4400.00} USD. The commercial book-entry system ( CBES ) is a way for investors who work with banks, brokers, and dealers to get and pay for Treasury securities . The Paying Agents role as a trustee underscores the fiduciary responsibility it has toward Noteholders, ensuring that funds are managed securely and in compliance with legal requirements. 

I expect this request to be processed in a timely manner, and I trust that your team will uphold its fiduciary responsibilities. Pertaining to the account number [ XXXX ] and the XXXX Treasury Note ( T-Note ). As per the terms outlined in the agreement Article XXXX : Section XXXX, we hold a secured interest in both the cash collateral within the account and the T-Note, which serves as an essential component of our security structure. I have reviewed your company 's Indenture Agreement and the fiduciary duties related to Restricted Notes and Certificates for applications submitted by consumers. Attached, you will find the relevant Exhibits from XXXX XXXX XXXX 's current Indenture Agreement with XXXX XXXX  XXXX XXXX XXXX Exhibit 4.7, ARTICLE 2., ARTICLE 3, and ARTICLE 8 of your current 10K filing.

I believe this situation stems from a misunderstanding, and I appreciate your attention to resolving it. I possess the capacity to contract and hold an equitable interest in this security account.

An authorized denomination refers to the unit 's classification for the stated or face value of financial instruments such as currency notes or coins, as well as for securities, bonds, and other investments, which were exchanged with your XXXX XXXX. In light of recent developments, If necessary, I will consider pursuing legal action in the Delaware Chancery Court for Tax & Security Fraud.

Again, I express that I have the capacity to contract, as my Estate will be handling all matters. Please find the attached exhibits for your review via email at XXXX. 

Federal Reserve Act Section 16. Note Issues 12 U.S. Code 412 - Application for notes ; collateral required : Any Federal Reserve bank may make application to the local Federal Reserve agent for such amount of the Federal Reserve notes hereinbefore provided for as it may require. Such application shall be accompanied with a tender to the local Federal Reserve agent of collateral in amount equal to the sum of the Federal Reserve notes thus applied for and issued pursuant to such application. The collateral security thus offered shall be notes, drafts, bills of exchange, or acceptances acquired under section 92, 342 to 348, 349 to 352, 361, 372, or 373 of this title, or bills of exchange endorsed by a member bank of any Federal Reserve district and purchased under the provisions of sections 348a and 353 to 359 of this title, or bankers acceptances purchased under the provisions of said sections 348a and 353 to 359 of this title, or gold certificates, or Special Drawing Right certificates, or any obligations which are direct obligations of, or are fully guaranteed as to principal and interest by, the United States or any agency thereof, or assets that Federal Reserve banks may purchase or hold under sections 348a and 353 to 359 of this title or any other asset of a Federal Reserve bank. In no event shall such collateral security be less than the amount of Federal Reserve notes applied for. The Federal Reserve agent shall each day notify the Board of Governors of the Federal Reserve System of all issues and withdrawals of Federal Reserve notes to and by the Federal Reserve bank to which he is accredited. The said Board of Governors of the Federal Reserve System may at any time call upon a Federal Reserve bank for additional security to protect the Federal Reserve notes issued to it. Collateral shall not be required for Federal Reserve notes which are held in the vaults of, or are otherwise held by or on behalf of, Federal Reserve banks. 

Thank you in advance for your cooperation. 

Best regards, XXXX XXXX

Company response to consumer: Closed with explanation