Borrowing in Little Buffalo, Alberta

A loan taken out in Little Buffalo is governed by Alberta's licensing rules, and the 2021 Census counted 441 people in the community.

How borrowing works locally

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 lender may ask for proof of address, and a permanent address is a standard requirement for consumer credit. A credit file is compiled by private agencies from information lenders and other creditors report.

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.

• Payday loans: Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit.
• No credit check loans: What lenders who advertise without a credit check actually look at instead, and where the cost goes.

The census figures for Little Buffalo

In the 2021 Census, Little Buffalo had 441 residents. Statistics Canada lists 12.9 square kilometres of land for the community.

The calculated density is 34.3 people per square kilometre.

Its provincial population rank is 259 within this data set.

Within Alberta, Little Buffalo is place number 259 by population in this census set, at 441 residents.

The Alberta rules that apply

Consumer lending in Alberta is licensed provincially or territorially, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position appears.

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.

The lowest band groups villages, rural municipalities and small towns, all read against the same provincial rulebook.

Little Buffalo sits at rank 259 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

Little Buffalo appears in the census record with 441 residents, and the density of 34.3 people per square kilometre follows from it.

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

At 441 residents in the 2021 Census, Little Buffalo is listed alongside the other covered places in Alberta.

Little Buffalo is one of 361 covered Alberta places, counted at 441 residents with a land area of 12.9 square kilometres.

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

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

The density figure for Little Buffalo, 34.3 people per square kilometre, is calculated from the population and land area above.

Little Buffalo ranks 259 by 2021 Census population among the covered places in Alberta.

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

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

The land area recorded for Little Buffalo is 12.9 square kilometres, and the population is 441 residents in the 2021 Census.

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

The 2021 Census of Population published by Statistics Canada is the source for population and land area; the federal Payday Lending Regulations (SOR/2024-114) are the source for payday rules.

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