Borrowing in Fairview, Alberta

A loan taken out in Fairview is governed by Alberta's licensing rules, and the 2021 Census counted 2,817 people in the community.

The census figures for Fairview

The 2021 Census counted 2,817 residents in Fairview. The census records a land area of 10.7 square kilometres for Fairview.

Dividing population by land area gives 264.0 residents per square kilometre, rounded to one decimal place.

By population it ranks 125 among the Alberta places covered here.

Fairview is one of 361 places listed for Alberta, ranked 125 by population and measured at 10.7 square kilometres.

The Alberta rules that apply

The regulator for consumer credit in Alberta is the body listed by the federal Payday Lending Regulations (SOR/2024-114) provincial and territorial regulators.

The federal Payday Lending Regulations (SOR/2024-114) list Alberta among the provinces that regulate payday lending, where the federal Payday Lending Regulations (SOR/2024-114) cap the cost of borrowing at $14 per $100 advanced.

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

A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

A mortgage is registered against the property, which is what gives the lender its claim. A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

Products compared here

These are two of the 20 products described on the site, and each has a national page as well as the provincial rules.

• Business lines of credit: A revolving operating limit for a business, and why it behaves differently from a term loan.
• Collateral loans: Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.

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

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

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

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

Fairview sits at rank 125 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

Fairview appears in the census record with 2,817 residents, and the density of 264.0 people per square kilometre follows from it.

The land area recorded for Fairview is 10.7 square kilometres, and the population is 2,817 residents in the 2021 Census.

At 2,817 residents in the 2021 Census, Fairview is listed alongside the other covered places in Alberta.

The density figure for Fairview, 264.0 people per square kilometre, is calculated from the population and land area above.

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

Fairview ranks 125 by 2021 Census population among the covered places in Alberta.

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.