Borrowing in Irma, Alberta

A loan taken out in Irma is governed by Alberta's licensing rules, and the 2021 Census counted 477 people in the community.

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, 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

Payment history is reported to credit agencies, and that record is what builds or damages a credit file over time.

A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes. A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

The census figures for Irma

Population for Irma stands at 477 in the 2021 Census. 1.3 square kilometres of land are attributed to Irma.

That gives a density of 361.4 people per square kilometre, rounded to one decimal place.

Its provincial population rank is 256 within this data set.

Irma sits at rank 256 among the 361 Alberta places here, with 477 residents in the 2021 Census.

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.

• Home equity loans: Converting property equity into credit, and the difference between a lump sum and a revolving limit.
• Payday loans: Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit.

Irma ranks 256 by 2021 Census population among the covered places in Alberta.

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

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

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

Irma sits at rank 256 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

At 477 residents in the 2021 Census, Irma is listed alongside the other covered places in Alberta.

Irma is one of 361 covered Alberta places, counted at 477 residents with a land area of 1.3 square kilometres.

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

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

Irma appears in the census record with 477 residents, and the density of 361.4 people per square kilometre follows from it.

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

Census figures are from Statistics Canada's 2021 Census of Population, and the payday position is taken from the federal Payday Lending Regulations (SOR/2024-114).

Nothing here is an offer, and no page on this site can tell anyone what a lender will decide.