Borrowing in Ma-Me-O Beach, Alberta

Ma-Me-O Beach is one of the Alberta communities covered here, with a 2021 Census population of 162, and borrowing there is licensed under Alberta's consumer credit rules.

How borrowing works locally

A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments.

A lender may ask for proof of address, and a permanent address is a standard requirement for consumer credit. A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

Products compared here

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

• Emergency loans: Money for an urgent expense, and the order in which a sensible borrower works through the options.
• Unsecured loans: Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone.

The census figures for Ma-Me-O Beach

Statistics Canada's 2021 Census gives Ma-Me-O Beach a population of 162. Its land area is 0.6 square kilometres.

That gives a density of 289.3 people per square kilometre, rounded to one decimal place.

The community is the 332nd largest place in the province within this census set.

Compared with the other 361 covered Alberta places, Ma-Me-O Beach ranks 332 by population.

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.

A payday advance in Alberta falls under a provincial licensing regime, and the cost of borrowing is capped at $14 per $100 advanced according to the federal Payday Lending Regulations (SOR/2024-114).

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.

Readers comparing Ma-Me-O Beach with another community can use the same four census fields.

At 162 residents in the 2021 Census, Ma-Me-O Beach is listed alongside the other covered places in Alberta.

Ma-Me-O Beach sits at rank 332 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

The density figure for Ma-Me-O Beach, 289.3 people per square kilometre, is calculated from the population and land area above.

For Ma-Me-O Beach, the two census fields above are the only local statistics used anywhere on the page.

Ma-Me-O Beach is one of 361 covered Alberta places, counted at 162 residents with a land area of 0.6 square kilometres.

The Ma-Me-O Beach page follows the same structure as every other place page, with population, land area, density and rank.

Nothing on the Ma-Me-O Beach page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Ma-Me-O Beach appears in the census record with 162 residents, and the density of 289.3 people per square kilometre follows from it.

Ma-Me-O Beach ranks 332 by 2021 Census population among the covered places in Alberta.

The land area recorded for Ma-Me-O Beach is 0.6 square kilometres, and the population is 162 residents in the 2021 Census.

Where a figure for Ma-Me-O Beach could not be verified, the page names the publisher instead of printing a number.

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).

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