Borrowing in Picture Butte, Alberta

This page covers borrowing in Picture Butte, Alberta: the census facts, the provincial rules, and the products people compare.

The census figures for Picture Butte

1,930 people were counted in Picture Butte in the 2021 Census. Statistics Canada lists 3.0 square kilometres of land for the community.

The arithmetic gives 639.1 people per square kilometre.

Its provincial population rank is 147 within this data set.

Picture Butte sits at rank 147 among the 361 Alberta places here, with 1,930 residents in the 2021 Census.

Products compared here

The product pages behind this city cover the following borrowing categories, among the 20 products compared nationally.

• Business loans: Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit.
• Instalment loans: A fixed number of fixed payments, sized larger and longer than a payday advance.

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.

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).

At the small end of the census range, the community still borrows inside the province's licensing system.

How borrowing works locally

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

A credit file is compiled by private agencies from information lenders and other creditors report. 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.

The land area recorded for Picture Butte is 3.0 square kilometres, and the population is 1,930 residents in the 2021 Census.

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

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

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

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

Picture Butte ranks 147 by 2021 Census population among the covered places in Alberta.

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

The density figure for Picture Butte, 639.1 people per square kilometre, is calculated from the population and land area above.

Picture Butte sits at rank 147 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

Picture Butte is one of 361 covered Alberta places, counted at 1,930 residents with a land area of 3.0 square kilometres.

At 1,930 residents in the 2021 Census, Picture Butte is listed alongside the other covered places in Alberta.

Picture Butte appears in the census record with 1,930 residents, and the density of 639.1 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.

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.