Borrowing in Child Lake 164A, Alberta

Child Lake 164A, Alberta, recorded a population of 172 in the 2021 Census; the rules that govern a loan signed there are provincial.

The Alberta rules that apply

Consumer lending in Alberta is licensed provincially or territorially, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position appears.

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.

The lowest band groups villages, rural municipalities and small towns, all read against the same provincial rulebook.

The census figures for Child Lake 164A

172 people were counted in Child Lake 164A in the 2021 Census. Its land area is 26.9 square kilometres.

The arithmetic gives 6.4 people per square kilometre.

The community is the 324th largest place in the province within this census set.

Compared with the other 361 covered Alberta places, Child Lake 164A ranks 324 by population.

Products compared here

Each product below has its own page, and the Alberta position applies to all of them.

• Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.
• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.

How borrowing works locally

A lender may ask for proof of address, and a permanent address is a standard requirement for consumer credit.

Interest on a line of credit accrues only on the drawn portion, not on the unused limit. A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments.

The Child Lake 164A page follows the same structure as every other place page, with population, land area, density and rank.

For Child Lake 164A, the two census fields above are the only local statistics used anywhere on the page.

The land area recorded for Child Lake 164A is 26.9 square kilometres, and the population is 172 residents in the 2021 Census.

Readers comparing Child Lake 164A with another community can use the same four census fields.

Child Lake 164A appears in the census record with 172 residents, and the density of 6.4 people per square kilometre follows from it.

Child Lake 164A sits at rank 324 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

At 172 residents in the 2021 Census, Child Lake 164A is listed alongside the other covered places in Alberta.

Where a figure for Child Lake 164A could not be verified, the page names the publisher instead of printing a number.

The density figure for Child Lake 164A, 6.4 people per square kilometre, is calculated from the population and land area above.

Child Lake 164A is one of 361 covered Alberta places, counted at 172 residents with a land area of 26.9 square kilometres.

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).

Nothing here is an offer, and no page on this site can tell anyone what a lender will decide.