Borrowing in Swan Hills, Alberta

A loan taken out in Swan Hills is governed by Alberta's licensing rules, and the 2021 Census counted 1,201 people in the community.

The Alberta rules that apply

The body that licenses consumer lending in Alberta is the regulator named on the federal Payday Lending Regulations (SOR/2024-114)'s list of 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

Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists.

A credit file is compiled by private agencies from information lenders and other creditors report. A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender.

The census figures for Swan Hills

The 2021 Census counted 1,201 residents in Swan Hills. The community covers 25.9 square kilometres of land.

The arithmetic gives 46.4 people per square kilometre.

The community is the 178th largest place in the province within this census set.

Within Alberta, Swan Hills is place number 178 by population in this census set, at 1,201 residents.

Products compared here

Among the 20 products compared here, these two are commonly used for the purposes described.

• 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.

At 1,201 residents in the 2021 Census, Swan Hills is listed alongside the other covered places in Alberta.

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

Swan Hills ranks 178 by 2021 Census population among the covered places in Alberta.

Swan Hills is one of 361 covered Alberta places, counted at 1,201 residents with a land area of 25.9 square kilometres.

The land area recorded for Swan Hills is 25.9 square kilometres, and the population is 1,201 residents in the 2021 Census.

The density figure for Swan Hills, 46.4 people per square kilometre, is calculated from the population and land area above.

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

Swan Hills sits at rank 178 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

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

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

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

Swan Hills appears in the census record with 1,201 residents, and the density of 46.4 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.