Borrowing in Silver Sands, Alberta

Silver Sands is one of the Alberta places covered here, with 214 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

How borrowing works locally

An application usually asks for identification, income evidence, banking details and a statement of obligations.

A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators. Joint applications combine two incomes and two sets of obligations in the same assessment.

Products compared here

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

• Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.
• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.

The census figures for Silver Sands

In the 2021 Census, Silver Sands had 214 residents. The census records a land area of 2.5 square kilometres for Silver Sands.

That gives a density of 85.3 people per square kilometre, rounded to one decimal place.

Its provincial population rank is 308 within this data set.

The place record for Silver Sands covers 2.5 square kilometres and 214 residents, a density of 85.3 people per square kilometre.

The Alberta rules that apply

Licensing for consumer credit in Alberta sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public list of provincial and territorial regulators.

The federal payday lending regulations, SOR/2024-114, cap the cost of borrowing at $14 per $100 advanced in Alberta, which the federal Payday Lending Regulations (SOR/2024-114) list as a province that regulates the product.

Communities of this size are listed here with population, land area and density, and the lending rules remain provincial.

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

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

Silver Sands is one of 361 covered Alberta places, counted at 214 residents with a land area of 2.5 square kilometres.

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

Silver Sands sits at rank 308 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

At 214 residents in the 2021 Census, Silver Sands is listed alongside the other covered places in Alberta.

The land area recorded for Silver Sands is 2.5 square kilometres, and the population is 214 residents in the 2021 Census.

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

Silver Sands appears in the census record with 214 residents, and the density of 85.3 people per square kilometre follows from it.

Silver Sands ranks 308 by 2021 Census population among the covered places in Alberta.

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

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).

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