Borrowing in Hines Creek, Alberta

Hines Creek is one of the Alberta communities covered here, with a 2021 Census population of 335, and borrowing there is licensed under Alberta's consumer credit rules.

Products compared here

Among the 20 products compared here, these two are commonly used for the purposes described.

• Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.
• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.

How borrowing works locally

A broker arranges credit but does not lend, and the lender remains the party that makes the decision.

A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached. A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

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 Hines Creek

In the 2021 Census, Hines Creek had 335 residents. Its land area is 4.9 square kilometres.

Population divided by land area produces a density of 68.6 people per square kilometre.

By population it ranks 278 among the Alberta places covered here.

Compared with the other 361 covered Alberta places, Hines Creek ranks 278 by population.

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

Hines Creek is one of 361 covered Alberta places, counted at 335 residents with a land area of 4.9 square kilometres.

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

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

The land area recorded for Hines Creek is 4.9 square kilometres, and the population is 335 residents in the 2021 Census.

Hines Creek ranks 278 by 2021 Census population among the covered places in Alberta.

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

The density figure for Hines Creek, 68.6 people per square kilometre, is calculated from the population and land area above.

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

Hines Creek appears in the census record with 335 residents, and the density of 68.6 people per square kilometre follows from it.

Hines Creek sits at rank 278 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.

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.