Borrowing in Hill Spring, Alberta

Hill Spring, Alberta, recorded a population of 168 in the 2021 Census; the rules that govern a loan signed there are provincial.

The census figures for Hill Spring

Population for Hill Spring stands at 168 in the 2021 Census. 1.0 square kilometres of land are attributed to Hill Spring.

Dividing population by land area gives 175.0 residents per square kilometre, rounded to one decimal place.

Hill Spring ranks 327 by population among the Alberta places on this site.

Compared with the other 361 covered Alberta places, Hill Spring ranks 327 by population.

Products compared here

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

• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.
• Home renovation loans: Paying for work on a property, from a small unsecured instalment loan to a secured renovation product.

The Alberta rules that apply

The body that licenses consumer lending in Alberta is the regulator named on the federal Payday Lending Regulations (SOR/2024-114)'s list of provincial and territorial regulators.

The federal payday lending regulations, SOR/2024-114, cap the cost of borrowing at $14 per $100 advanced in Alberta, which the federal Payday Lending Regulations (SOR/2024-114) list as a province that regulates the product.

Places in the smallest population band are grouped here as small communities, and the pages carry the same census fields and the same provincial rules as the largest city.

How borrowing works locally

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

A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes. Debt management plans are administered by accredited credit counsellors, and they are not loans.

The density figure for Hill Spring, 175.0 people per square kilometre, is calculated from the population and land area above.

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

At 168 residents in the 2021 Census, Hill Spring is listed alongside the other covered places in Alberta.

Hill Spring ranks 327 by 2021 Census population among the covered places in Alberta.

Hill Spring appears in the census record with 168 residents, and the density of 175.0 people per square kilometre follows from it.

Hill Spring is one of 361 covered Alberta places, counted at 168 residents with a land area of 1.0 square kilometres.

The land area recorded for Hill Spring is 1.0 square kilometres, and the population is 168 residents in the 2021 Census.

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

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

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

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

Hill Spring sits at rank 327 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

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.

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