Status
Systems
Core Values
LOC
Installment
100

Approved during underwriting approval through NetCredit



What is Underwriting approved? 

100

Wiki is Enova’s internal platform. It is used to share information within the Enova Community.

What is the Wiki? 

100
  • Enova is a place for the best and brightest, from all walks of life and parts of the world. We work in small, focused teams that encourage diversity of thought.

What is Top Talent and TeamWork? 

100

Borrowers make a request for funds.

What is a Cash Advance? 


100

Typically, the borrower receives a lump sum payment (the principal) from a lender and pays it back at a cost (interest rate plus any loan fees)

What is an Installment Loan? 

200

Loan application declined during underwriting approval.



What is RBF Declined? 

200

Repay is a payment processing platform for debit cards.

What is Repay? 

200

We listen to our customers’ needs and create products that solve real problems. We deliver beyond expectations, treating our customers the way we want to be treated.

What is Customer First? 

200

Fee assessed when a Cash Advance has been requested 

What is 10% Cash Advance Fee? 

200

Interest is calculated only on the remaining unpaid principal amount.


What is simple interest? 

300

Scheduled payment has been defaulted on



What is Past Due? 

300

Used to verify the customer's identity and uncover information needed to get a complete picture of a customer. 

What is Lexis Nexis? 

300

We’re a data-driven company, and we use that data to add value and create results. We set our expectations high and do what we say we are going to do.

What is Accountable for Results? 

300

  • A Line of Credit is an open-ended financial product in which customers may borrow money up to a certain limit as long as payments are made and the account is in good standing.

What is a Line Of Credit?

300

This is the more popular repayment method for many customers

What is ACH? 

400

Customer has closed their line of credit



What is Paid Off? 

400

It provides lenders the ability to verify a borrower's identity, bank account number, and balances in real-time 

What is Decision Logic? 

400

We believe innovative ideas and solutions can come from anywhere. That’s why we make sure the best answer wins - no matter who it’s coming from.

What is Best Answer Wins? 

400

BLOC draw requests must be submitted before 9:30am

What is same-day funding? 

400
  1. You must be 18 years old or older to apply for the loan ( Alabama and Delaware residents must be 19 years old)
  2. You must have a personal checking account
  3. You must have an email address
  4. You must have Verifiable Income
  5. Your credit report will be pulled, but the underwriting decision will not rely solely on your credit score. Instead your broader financial picture will be referenced. 
  6. Must be US Citizen or Resident Alien

What are eligibility requirements?

500

Application approved and line of credit issued, customer can now take cash advances.

What is Issued? 

500

Enova’s Customer Relationship Management (CRM) application

What is the Portal? 

500

The entrepreneurial spirit runs strong at Enova. We encourage team members to think big and move fast and use resources like they are their own.

What is Operate as an Owner? 

500

NCLOC draw requests must be submitted before 10:30am

What is same-day funding? 

500

It will show up on account home as "lower my payments" or "borrow more money".

What are refinance options? 

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