Nine Torches Review

Nine Torches is offered by LDF Holdings, a direct lender founded in 2012 and based in Lac Du Flambeau, WI. Nine Torches is offered in 45 states (and Washington, DC).

What are the Nine Torches rates & fees?

These loans are meant as a short-term source of credit but if you calculate the annualized percentage rate of those fees you get rates ranging from 780%.

How much can you borrow from Nine Torches?

Loan amounts start at $300 and go up to $1,200.

What do you need to qualify for Nine Torches?

Nine Torches does not require or does not disclose a credit score minimum. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

Nine Torches does not have or does not disclose a minimum annual income eligibility requirement. Nine Torches only considers borrowers who are employed.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. Active duty service members and their covered dependents are eligible to apply for a loan via Nine Torches. Their rates fall within the limits of The Military Lending Act.

Only U.S. citizens and permanent residents can apply for a loan.

To qualify, applicants may need to provide the following documentation:

• Applicants must have an active and valid checking account
• Proof of income
• Proof of identity

Does Nine Torches run credit checks?

Yes, Nine Torches will check your credit when you apply for a loan.

What is the estimated funding time for a payday loan via Nine Torches?

Nine Torches will typically provide a credit approval decision in less than an hour and fund the loan within 3 business day .

For more information on payday loans, tribal loans, and their alternatives, read this guide.