Consumer complaint received 2024-09-18 00:00:00
Product: Credit card — General-purpose credit card or charge card
Issue: Getting a credit card — Application denied
Company: ENOVA INTERNATIONAL, INC.
State: VA

Complaint narrative:
Application # : XXXX Account # XXXX Case # : XXXX Recently, I, XXXX XXXX XXXX applied for a line of credit with NetCredit /Enova International , Inc , and was denied an extension of credit on XX/XX/XXXX. The proclaim of this adverse action is not honorable and in violation of UCC 8-105 Notice Of Adverse Claim, Federal Law in accordance with The Equal Credit Opportunity Act 12 CFR 1002. ( Regulation B ), and The Consumer Credit Protection Act.

15 U.S. Code 1601- Congressional findings and declaration of purpose ( a ) Informed use of credit The Congress finds that economic stabilization would be enhanced and the competition among the various financial institutions and other firms engaged in the extension of consumer credit would be strengthened by the informed use of credit. The informed use of credit results from an awareness of the cost thereof by consumers. It is the purpose of this subchapter to assure a meaningful disclosure of credit terms so that the consumer will be able to compare more readily the various credit terms available to him and avoid the uninformed use of credit, and to protect the consumer against inaccurate and unfair credit billing and credit card practices. 

15 U.S. Code 1602 - Definitions and rules of construction ( g ) The term creditor refers only to a person who both ( 1 ) regularly extends, whether in connection with loans, sales of property or services, or otherwise, consumer credit which is payable by agreement in more than four installments or for which the payment of a finance charge is or may be required, and ( 2 ) is the person to whom the debt arising from the consumer credit transaction is initially payable on the face of the evidence of indebtedness or, if there is no such evidence of indebtedness, by agreement.

12 CFR 1002.4 - General rules. 

( a ) Discrimination. A creditor shall not discriminate against an applicant on a prohibited basis regarding any aspect of a credit transaction. 

( h ) Consumer credit means credit extended to a natural person primarily for personal, family, or household purposes. 

( f ) Application means an oral or written request for an extension of credit that is made in accordance with procedures used by a creditor for the type of credit requested. The term application does not include the use of an account or line of credit to obtain an amount of credit that is within a previously established credit limit. A completed application means an application in connection with which a creditor has received all the information that the creditor regularly obtains and considers in evaluating applications for the amount and type of credit requested ( including, but not limited to, credit reports, any additional information requested from the applicant, and any approvals or reports by governmental agencies or other persons that are necessary to guarantee, insure, or provide security for the credit or collateral ). The creditor shall exercise reasonable diligence in obtaining such information. 

( j ) Credit means the RIGHT granted by a creditor to an applicant to defer payment of a debt, incur debt and defer its payment, or purchase property or services and defer payment therefor. 

( m ) Credit transaction means every aspect of an applicant 's dealings with a creditor regarding an application for credit or an existing extension of credit ( including, but not limited to, information requirements ; investigation procedures ; standards of creditworthiness ; terms of credit ; furnishing of credit information ; revocation, alteration, or termination of credit ; and collection procedures ). 

( r ) Good faith means honesty in fact in the conduct or transaction. 

NetCredit /Enova International , Inc should resort to reasonable procedure to rectify this affair and compensate me for the use of my securities. Otherwise, this is identified as fraudulent activities involving security exchanges since I have provided Value pursuant to UCC 3-303. 

In the Exhibits listed, NetCredit /Enova International , Inc did not provide a consistent reason for denying me an extension of my credit even after I offered to provide proper documentation again. 

As you may be aware, under UCC 3-202 I have the right to rescind. 

Withholding my Financial Asset/Security, and I have not received BENEFIT/Consideration is Security Fraud and in violation of the Security Exchange Act of XXXX ; which violates your Financial Institution 's own XXXX SEC Filing. 


XXXX XXXX : XXXX, XXXX Without Prejudice, All Natural Inalienable Rights Reserved

Company response to consumer: Closed with explanation