Borrowing in Sunrise Beach, Alberta

Sunrise Beach is one of the Alberta communities covered here, with a 2021 Census population of 153, and borrowing there is licensed under Alberta's consumer credit rules.

The Alberta rules that apply

Consumer lending in Alberta is licensed provincially or territorially, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position appears.

The federal Payday Lending Regulations (SOR/2024-114) list Alberta among the provinces that regulate payday lending, where the federal Payday Lending Regulations (SOR/2024-114) cap the cost of borrowing at $14 per $100 advanced.

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

How borrowing works locally

A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached.

A mortgage is registered against the property, which is what gives the lender its claim. A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

The census figures for Sunrise Beach

Sunrise Beach recorded a population of 153 in Statistics Canada's 2021 Census of Population. 1.7 square kilometres of land are attributed to Sunrise Beach.

On those two figures, density is 92.2 residents per square kilometre when rounded to one decimal place.

Its provincial population rank is 340 within this data set.

The place record for Sunrise Beach covers 1.7 square kilometres and 153 residents, a density of 92.2 people per square kilometre.

Products compared here

The site describes 20 products in total; the two below are representative of the range.

• Debt consolidation loans: Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps.
• Personal loans: A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept.

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

Sunrise Beach sits at rank 340 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

Sunrise Beach ranks 340 by 2021 Census population among the covered places in Alberta.

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

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

The land area recorded for Sunrise Beach is 1.7 square kilometres, and the population is 153 residents in the 2021 Census.

The density figure for Sunrise Beach, 92.2 people per square kilometre, is calculated from the population and land area above.

At 153 residents in the 2021 Census, Sunrise Beach is listed alongside the other covered places in Alberta.

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

Sunrise Beach appears in the census record with 153 residents, and the density of 92.2 people per square kilometre follows from it.

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

loanmoose.ca is not a lender and does not make credit decisions. The lowest rates are only available to the most qualified applicants.

The 2021 Census of Population published by Statistics Canada is the source for population and land area; the federal Payday Lending Regulations (SOR/2024-114) are the source for payday rules.

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