Borrowing in Penhold, Alberta

Penhold is one of the Alberta places covered here, with 3,484 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

The census figures for Penhold

Penhold recorded a population of 3,484 in Statistics Canada's 2021 Census of Population. Land area for Penhold is 11.2 square kilometres in the same census.

The arithmetic gives 311.1 people per square kilometre.

Penhold ranks 111 by population among the Alberta places on this site.

Penhold is one of 361 places listed for Alberta, ranked 111 by population and measured at 11.2 square kilometres.

Products compared here

Two of the 20 covered products appear below, each with the purpose the product is designed for.

• Mortgage refinancing: Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs.
• Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.

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.

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).

Small places are covered the same way as large ones: census figures for the place, and the provincial position on lending.

How borrowing works locally

A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

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. Interest on a line of credit accrues only on the drawn portion, not on the unused limit.

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

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

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

Penhold sits at rank 111 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

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

Penhold is one of 361 covered Alberta places, counted at 3,484 residents with a land area of 11.2 square kilometres.

The density figure for Penhold, 311.1 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Penhold is 11.2 square kilometres, and the population is 3,484 residents in the 2021 Census.

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

Penhold ranks 111 by 2021 Census population among the covered places in Alberta.

Penhold appears in the census record with 3,484 residents, and the density of 311.1 people per square kilometre follows from it.

At 3,484 residents in the 2021 Census, Penhold is listed alongside the other covered places in Alberta.

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).

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