Borrowing in Poplar Bay, Alberta

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

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).

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

A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one.

A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached. A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

The census figures for Poplar Bay

Population for Poplar Bay stands at 113 in the 2021 Census. Statistics Canada lists 0.7 square kilometres of land for the community.

The arithmetic gives 159.2 people per square kilometre.

Its provincial population rank is 357 within this data set.

Compared with the other 361 covered Alberta places, Poplar Bay ranks 357 by population.

Products compared here

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

• 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 land area recorded for Poplar Bay is 0.7 square kilometres, and the population is 113 residents in the 2021 Census.

Poplar Bay appears in the census record with 113 residents, and the density of 159.2 people per square kilometre follows from it.

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

Poplar Bay ranks 357 by 2021 Census population among the covered places in Alberta.

Poplar Bay sits at rank 357 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

At 113 residents in the 2021 Census, Poplar Bay is listed alongside the other covered places in Alberta.

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

Poplar Bay is one of 361 covered Alberta places, counted at 113 residents with a land area of 0.7 square kilometres.

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

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

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

The density figure for Poplar Bay, 159.2 people per square kilometre, is calculated from the population and land area above.

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.