Borrowing in Heart Lake 167, Alberta

This page covers borrowing in Heart Lake 167, Alberta: the census facts, the provincial rules, and the products people compare.

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.

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.

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

The census figures for Heart Lake 167

In the 2021 Census, Heart Lake 167 had 211 residents. Land area for Heart Lake 167 is 47.4 square kilometres in the same census.

Dividing population by land area gives 4.5 residents per square kilometre, rounded to one decimal place.

Among covered Alberta places, Heart Lake 167 sits at rank 312 by population.

Compared with the other 361 covered Alberta places, Heart Lake 167 ranks 312 by population.

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.

• Debt consolidation loans: Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps.
• Personal loans: A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept.

How borrowing works locally

Debt management plans are administered by accredited credit counsellors, and they are not loans.

A lender is free to set its own price below the legal ceiling, and it does so according to the risk it reads in the file. A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

Heart Lake 167 ranks 312 by 2021 Census population among the covered places in Alberta.

Nothing on the Heart Lake 167 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Heart Lake 167 is one of 361 covered Alberta places, counted at 211 residents with a land area of 47.4 square kilometres.

Where a figure for Heart Lake 167 could not be verified, the page names the publisher instead of printing a number.

For Heart Lake 167, the two census fields above are the only local statistics used anywhere on the page.

The land area recorded for Heart Lake 167 is 47.4 square kilometres, and the population is 211 residents in the 2021 Census.

Readers comparing Heart Lake 167 with another community can use the same four census fields.

Heart Lake 167 sits at rank 312 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

Heart Lake 167 appears in the census record with 211 residents, and the density of 4.5 people per square kilometre follows from it.

The density figure for Heart Lake 167, 4.5 people per square kilometre, is calculated from the population and land area above.

At 211 residents in the 2021 Census, Heart Lake 167 is listed alongside the other 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).

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