Borrowing in Barrhead, Alberta

Barrhead, Alberta, recorded a population of 4,320 in the 2021 Census; the rules that govern a loan signed there are provincial.

The census figures for Barrhead

In the 2021 Census, Barrhead had 4,320 residents. Land area for Barrhead is 8.2 square kilometres in the same census.

The calculated density is 526.8 people per square kilometre.

Its provincial population rank is 95 within this data set.

The place record for Barrhead covers 8.2 square kilometres and 4,320 residents, a density of 526.8 people per square kilometre.

The Alberta rules that apply

Consumer credit in Alberta is licensed by the provincial or territorial regulator, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

In Alberta, payday lending operates under a licensed provincial regime, and the federal Payday Lending Regulations (SOR/2024-114) record a maximum cost of borrowing of $14 for each $100 advanced under SOR/2024-114.

Small places are covered the same way as large ones: census figures for the place, and the provincial position on lending.

How borrowing works locally

An application usually asks for identification, income evidence, banking details and a statement of obligations.

A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators. A credit file is compiled by private agencies from information lenders and other creditors report.

Products compared here

The product pages behind this city cover the following borrowing categories, among the 20 products compared nationally.

• Bad credit loans: Borrowing when the credit file is damaged, and what changes about price and security as a result.
• Home equity loans: Converting property equity into credit, and the difference between a lump sum and a revolving limit.

The Barrhead page follows the same structure as every other place page, with population, land area, density and rank.

The land area recorded for Barrhead is 8.2 square kilometres, and the population is 4,320 residents in the 2021 Census.

Barrhead sits at rank 95 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

Where a figure for Barrhead could not be verified, the page names the publisher instead of printing a number.

At 4,320 residents in the 2021 Census, Barrhead is listed alongside the other covered places in Alberta.

Barrhead is one of 361 covered Alberta places, counted at 4,320 residents with a land area of 8.2 square kilometres.

Barrhead ranks 95 by 2021 Census population among the covered places in Alberta.

Nothing on the Barrhead page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

The density figure for Barrhead, 526.8 people per square kilometre, is calculated from the population and land area above.

Barrhead appears in the census record with 4,320 residents, and the density of 526.8 people per square kilometre follows from it.

Readers comparing Barrhead with another community can use the same four census fields.

For Barrhead, the two census fields above are the only local statistics used anywhere on the page.

loanmoose.ca is not a lender and does not make credit decisions. The lowest rates are only available to the most qualified applicants.

Census figures are from Statistics Canada's 2021 Census of Population, and the payday position is taken from the federal Payday Lending Regulations (SOR/2024-114).

Compare the disclosure on any agreement against the provincial ceiling, and treat the census figures as the only local statistics on the page.