Borrowing in Coutts, Alberta

This page covers borrowing in Coutts, Alberta: the census facts, the provincial rules, and the products people compare.

Products compared here

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

• Secured loans: Borrowing against an asset, which lowers the price but puts the asset at risk if you default.
• Business lines of credit: A revolving operating limit for a business, and why it behaves differently from a term loan.

How borrowing works locally

A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one.

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed. A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached.

The Alberta rules that apply

Licensing for consumer credit in Alberta sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public 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.

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

The census figures for Coutts

224 people were counted in Coutts in the 2021 Census. Statistics Canada lists 1.2 square kilometres of land for the community.

On those two figures, density is 189.8 residents per square kilometre when rounded to one decimal place.

Coutts ranks 302 by population among the Alberta places on this site.

Coutts is one of 361 places listed for Alberta, ranked 302 by population and measured at 1.2 square kilometres.

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

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

The density figure for Coutts, 189.8 people per square kilometre, is calculated from the population and land area above.

Coutts ranks 302 by 2021 Census population among the covered places in Alberta.

Coutts sits at rank 302 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

Coutts appears in the census record with 224 residents, and the density of 189.8 people per square kilometre follows from it.

Coutts is one of 361 covered Alberta places, counted at 224 residents with a land area of 1.2 square kilometres.

The land area recorded for Coutts is 1.2 square kilometres, and the population is 224 residents in the 2021 Census.

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

At 224 residents in the 2021 Census, Coutts is listed alongside the other covered places in Alberta.

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

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

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

Population and land area figures come from Statistics Canada's 2021 Census of Population; regulatory statements are attributed to the federal Payday Lending Regulations (SOR/2024-114).

Lending rules change, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position is confirmed.