Borrowing in Duchess, Alberta

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

The Alberta rules that apply

Provincial or territorial law decides who may lend in Alberta, and the Financial Consumer Agency of Canada publishes the list that names the regulator responsible.

Payday lending is licensed in Alberta; the federal Payday Lending Regulations (SOR/2024-114) publish a cap of $14 per $100 advanced, and notes that a province may set a lower figure.

At the small end of the census range, the community still borrows inside the province's licensing system.

The census figures for Duchess

In the 2021 Census, Duchess had 1,053 residents. Its land area is 1.9 square kilometres.

Population divided by land area produces a density of 545.6 people per square kilometre.

By population it ranks 186 among the Alberta places covered here.

Duchess is one of 361 places listed for Alberta, ranked 186 by population and measured at 1.9 square kilometres.

Products compared here

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

• 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.

How borrowing works locally

Interest on a line of credit accrues only on the drawn portion, not on the unused limit.

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term. A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments.

Duchess sits at rank 186 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

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

Duchess appears in the census record with 1,053 residents, and the density of 545.6 people per square kilometre follows from it.

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

The land area recorded for Duchess is 1.9 square kilometres, and the population is 1,053 residents in the 2021 Census.

At 1,053 residents in the 2021 Census, Duchess is listed alongside the other covered places in Alberta.

Duchess is one of 361 covered Alberta places, counted at 1,053 residents with a land area of 1.9 square kilometres.

The density figure for Duchess, 545.6 people per square kilometre, is calculated from the population and land area above.

Duchess ranks 186 by 2021 Census population among the covered places in Alberta.

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

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

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

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

Statistics Canada's 2021 Census of Population supplies the population and land-area figures, and the federal Payday Lending Regulations (SOR/2024-114) supply the payday position.

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