EX-25.1 16 d894326dex251.htm EX-25.1 EX-25.1

Exhibit 25.1

 

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM T-1

 

 

STATEMENT OF ELIGIBILITY

UNDER THE TRUST INDENTURE ACT OF 1939

OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE

 

¨ Check if an Application to Determine Eligibility of a Trustee Pursuant to Section 305(b)(2)

 

 

U.S. BANK NATIONAL ASSOCIATION

(Exact name of Trustee as specified in its charter)

 

 

31-0841368

I.R.S. Employer

Identification No.

 

800 Nicollet Mall

Minneapolis, Minnesota

   55402
(Address of principal executive offices)   (Zip Code)

Linda Garcia

U.S. Bank National Association

190 S. LaSalle Street

Chicago, IL 60603

(312) 332-6781

(Name, address and telephone number of agent for service)

 

 

Enova International, Inc.

(Issuer with respect to the Securities)

 

 

 

Delaware   45-3190813

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. Employer

Identification No.)

 

200 West Jackson Boulevard

Chicago,Illinois

   60606
(Address of Principal Executive Offices)   (Zip Code)

 

 

9.75% Senior Notes Due 2021

(Title of the Indenture Securities)

 

 

 

TABLE OF ADDITIONAL REGISTRANTS

 

Name of Additional Registrant*

   

State or Other

Jurisdiction of

Incorporation or

Formation

   

Primary Standard

Industrial

Classification Code

Number

   

I.R.S. Employer

Identification No.

AEL Net Marketing, LLC

    DE    6141    20-4956150

AEL Net of Missouri, LLC

    DE    6141    20-4956150

Billers Acceptance Group, LLC

    DE    6141    45-2238254

CashEuroNet UK, LLC

    DE    6141    26-3713455

CashNet CSO of Maryland, LLC

    DE    6141    20-4956150

CashNetUSA CO LLC

    DE    6141    20-4956150

CashNetUSA of Florida, LLC

    DE    6141    26-2511622

CashNetUSA OR LLC

    DE    6141    20-4956150

CNU Newco, LLC

    DE    6141    47-1971101

CNU DollarsDirect Inc.

    DE    6141    27-0977932

CNU DollarsDirect Lending Inc.

    DE    6141    90-0793731

CNU of Alabama, LLC

    DE    6141    20-4956150

CNU of Alaska, LLC

    DE    6141    20-4956150

CNU of Arizona, LLC

    DE    6141    20-4956150

CNU of California, LLC

    DE    6141    20-4956150

CNU of Colorado, LLC

    DE    6141    20-4956150

CNU of Delaware, LLC

    DE    6141    20-4956150

CNU of Florida, LLC

    DE    6141    20-5921254

CNU of Hawaii, LLC

    DE    6141    20-4956150

CNU of Idaho, LLC

    DE    6141    20-4956150

CNU of Illinois, LLC

    DE    6141    20-4956150

CNU of Indiana, LLC

    DE    6141    20-4956150

CNU of Kansas, LLC

    DE    6141    20-4956150

CNU of Louisiana, LLC

    DE    6141    47-2146746

CNU of Maine, LLC

    DE    6141    20-4956150

CNU of Michigan, LLC

    DE    6141    20-4956150

CNU of Minnesota, LLC

    DE    6141    20-4956150

CNU of Mississippi, LLC

    DE    6141    20-4956150

CNU of Missouri, LLC

    DE    6141    20-4956150

CNU of Montana, LLC

    DE    6141    20-4956150

CNU of Nevada, LLC

    DE    6141    26-4506480

CNU of New Hampshire, LLC

    DE    6141    26-1565395

CNU of New Mexico, LLC

    DE    6141    20-4956150

CNU of North Dakota, LLC

    DE    6141    47-2013090

CNU of Ohio, LLC

    DE    6141    37-1777953

CNU of Oklahoma, LLC

    DE    6141    47-2031744

CNU of Oregon, LLC

    DE    6141    20-4956150

CNU of Rhode Island, LLC

    DE    6141    20-4956150

CNU of South Carolina, LLC

    DE    6141    20-4956150

CNU of South Dakota, LLC

    DE    6141    47-2309597

CNU of Tennessee, LLC

    DE    6141    47-2053102

CNU of Texas, LLC

    DE    6141    20-4956150

CNU of Utah, LLC

    DE    6141    36-4776756

CNU of Virginia, LLC

    DE    6141    20-4956150

CNU of Washington, LLC

    DE    6141    47-2017129

CNU of Wisconsin, LLC

    DE    6141    20-4956150

CNU of Wyoming, LLC

    DE    6141    20-4956150

CNU Online Holdings, LLC

    DE    6141    20-4956150

CNU Technologies of Iowa, LLC

    DE    6141    20-4956150

CreditMe, LLC

    DE    6141    47-2932891

Debit Plus Payment Solutions, LLC

    DE    6141    26-3471347

Debit Plus Services, LLC

    DE    6141    26-2862455

 

2

Name of Additional Registrant*

   

State or Other

Jurisdiction of

Incorporation or

Formation

   

Primary Standard

Industrial

Classification Code

Number

   

I.R.S. Employer

Identification No.

Debit Plus Technologies, LLC

    DE    6141    26-3955301

Debit Plus, LLC

    DE    6141    26-2862455

DollarsDirect, LLC

    DE    6141    26-4663418

DP Labor Holdings, LLC

    DE    6141    98-1022571

Enova Brazil, LLC

    DE    6141    20-4956150

Enova Financial Holdings, LLC

    DE    6141    27-1129195

Enova International GEC, LLC

    DE    6141    61-1725135

Enova Online Services, Inc.

    DE    6141    27-1129063

EuroNetCash, LLC

    DE    6141    20-4956150

Headway Capital, LLC

    DE    6141    38-3952821

Mobile Leasing Group, Inc.

    DE    6141    27-1758197

NC Financial Solutions of Alabama, LLC

    DE    6141    80-0807037

NC Financial Solutions of Arizona, LLC

    DE    6141    80-0807037

NC Financial Solutions of California, LLC

    DE    6141    80-0807037

NC Financial Solutions of Delaware, LLC

    DE    6141    80-0807037

NC Financial Solutions of Florida, LLC

    DE    6141    20-4956150

NC Financial Solutions of Georgia, LLC

    DE    6141    80-0807037

NC Financial Solutions of Idaho, LLC

    DE    6141    80-0807037

NC Financial Solutions of Illinois, LLC

    DE    6141    80-0807037

NC Financial Solutions of Indiana, LLC

    DE    6141    27-2424775

NC Financial Solutions of Kansas, LLC

    DE    6141    80-0807037

NC Financial Solutions of Louisiana, LLC

    DE    6141    80-0807037

NC Financial Solutions of Maryland, LLC

    DE    6141    80-0807037

NC Financial Solutions of Mississippi, LLC

    DE    6141    80-0807037

NC Financial Solutions of Missouri, LLC

    DE    6141    80-0807037

NC Financial Solutions of Montana, LLC

    DE    6141    80-0807037

NC Financial Solutions of Nevada, LLC

    DE    6141    80-0807037

NC Financial Solutions of New Hampshire, LLC

    DE    6141    90-0847181

NC Financial Solutions of New Jersey, LLC

    DE    6141    47-3181890

NC Financial Solutions of New Mexico, LLC

    DE    6141    80-0807037

NC Financial Solutions of North Dakota, LLC

    DE    6141    47-2017630

NC Financial Solutions of Ohio, LLC

    DE    6141    80-0807037

NC Financial Solutions of Oregon, LLC

    DE    6141    80-0807037

NC Financial Solutions of Rhode Island, LLC

    DE    6141    80-0807037

NC Financial Solutions of South Carolina, LLC

    DE    6141    80-0807037

NC Financial Solutions of South Dakota, LLC

    DE    6141    80-0807037

NC Financial Solutions of Tennessee, LLC

    DE    6141    80-0807037

NC Financial Solutions of Texas, LLC

    DE    6141    80-0807037

NC Financial Solutions of Utah, LLC

    DE    6141    35-2492962

NC Financial Solutions of Virginia, LLC

    DE    6141    80-0807037

NC Financial Solutions of Wisconsin, LLC

    DE    6141    80-0807037

NC Financial Solutions, LLC

    DE    6141    80-0807037

Ohio Consumer Financial Solutions, LLC

    DE    6141    20-4956150

Tennessee CNU, LLC

    DE    6141    47-2803927

The Check Giant NM, LLC

    DE    6141    20-4956150

 

* Address and telephone numbers of principal executive offices are the same as those of Enova International, Inc.

 

3

FORM T-1

 

Item 1. GENERAL INFORMATION. Furnish the following information as to the Trustee.

 

  a) Name and address of each examining or supervising authority to which it is subject.

Comptroller of the Currency

Washington, D.C.

 

  b) Whether it is authorized to exercise corporate trust powers.

Yes

 

Item 2. AFFILIATIONS WITH OBLIGOR. If the obligor is an affiliate of the Trustee, describe each such affiliation.

None

 

Items 3-15 Items 3-15 are not applicable because to the best of the Trustee’s knowledge, the obligor is not in default under any Indenture for which the Trustee acts as Trustee.

 

Item 16. LIST OF EXHIBITS: List below all exhibits filed as a part of this statement of eligibility and qualification.

 

  1. A copy of the Articles of Association of the Trustee.*

 

  2. A copy of the certificate of authority of the Trustee to commence business, attached as Exhibit 2.

 

  3. A copy of the certificate of authority of the Trustee to exercise corporate trust powers, attached as Exhibit 3.

 

  4. A copy of the existing bylaws of the Trustee.**

 

  5. A copy of each Indenture referred to in Item 4. Not applicable.

 

  6. The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939, attached as Exhibit 6.

 

  7. Report of Condition of the Trustee as of December 31, 2014 published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.

 

* Incorporated by reference to Exhibit 25.1 to Amendment No. 2 to registration statement on S-4, Registration Number 333-128217 filed on November 15, 2005.
** Incorporated by reference to Exhibit 25.1 to registration statement on form S-3ASR, Registration Number 333-199863 filed on November 5, 2014.

 

4

SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility and qualification to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Chicago, State of Illinois on the 25th of March, 2015.

 

By:

/s/ Linda Garcia

Linda Garcia
Vice President

 

5

Exhibit 2

 

LOGO

Office of the Comptroller of the Currency

Washington, DC 20219

CERTIFICATE OF CORPORATE EXISTENCE

I, Thomas J. Curry, Comptroller of the Currency, do hereby certify that:

1. The Comptroller of the Currency, pursuant to Revised Statutes 324, et seq, as amended, and 12 USC 1, et seq, as amended, has possession, custody, and control of all records pertaining to the chartering, regulation, and supervision of all national banking associations.

2. “U.S. Bank National Association,” Cincinnati, Ohio (Charter No. 24), is a national banking association formed under the laws of the United States and is authorized thereunder to transact the business of banking on the date of this certificate.

 

IN TESTIMONY WHEREOF, today, January 21, 2015, I have hereunto subscribed my name and caused my seal of office to be affixed to these presents at the U.S. Department of the Treasury, in the City of Washington, District of Columbia.

LOGO

 

LOGO

 

Comptroller of the Currency

 

    

 

6

Exhibit 3

 

LOGO

Office of the Comptroller of the Currency

Washington, DC 20219

CERTIFICATION OF FIDUCIARY POWERS

I, Thomas J. Curry, Comptroller of the Currency, do hereby certify that:

1. The Office of the Comptroller of the Currency, pursuant to Revised Statutes 324, et seq, as amended, and 12 USC 1, et seq, as amended, has possession, custody, and control of all records pertaining to the chartering, regulation, and supervision of all national banking associations.

2. “U.S. Bank National Association,” Cincinnati, Ohio (Charter No. 24), was granted, under the hand and seal of the Comptroller, the right to act in all fiduciary capacities authorized under the provisions of the Act of Congress approved September 28, 1962, 76 Stat. 668, 12 USC 92a, and that the authority so granted remains in full force and effect on the date of this certificate.

 

IN TESTIMONY WHEREOF, today, January 21, 2015, I have hereunto subscribed my name and caused my seal of office to be affixed to these presents at the U.S. Department of the Treasury, in the City of Washington, District of Columbia.

LOGO

 

LOGO

 

Comptroller of the Currency

 

    

 

7

Exhibit 6

CONSENT

In accordance with Section 321(b) of the Trust Indenture Act of 1939, the undersigned, U.S. BANK NATIONAL ASSOCIATION hereby consents that reports of examination of the undersigned by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.

Dated: March 25, 2015

 

By:

/s/ Linda Garcia

Linda Garcia
Vice President

 

8

Exhibit 7

U.S. Bank National Association

Statement of Financial Condition

As of 12/31/2014

($000’s)

 

     12/31/2014  

Assets

   

Cash and Balances Due From Depository Institutions

    $ 10,622,022   

Securities

      100,557,832   

Federal Funds

      79,987   

Loans & Lease Financing Receivables

      247,427,720   

Fixed Assets

      4,246,071   

Intangible Assets

      13,078,376   

Other Assets

      22,967,351   
  

 

 

  

Total Assets

 $ 398,978,359   

Liabilities

Deposits

 $ 294,158,985   

Fed Funds

   1,722,932   

Treasury Demand Notes

   0   

Trading Liabilities

   734,026   

Other Borrowed Money

   45,457,856   

Acceptances

   0   

Subordinated Notes and Debentures

   3,650,000   

Other Liabilities

   11,857,789   
  

 

 

  

Total Liabilities

 $ 357,581,588   

Equity

Common and Preferred Stock

   18,200   

Surplus

   14,266,400   

Undivided Profits

   26,256,268   

Minority Interest in Subsidiaries

   855,903   
  

 

 

  

Total Equity Capital

 $ 41,396,771   

Total Liabilities and Equity Capital

 $ 398,978,359   

 

9