Borrowing in Three Hills, Alberta

Three Hills is one of the Alberta communities covered here, with a 2021 Census population of 3,042, 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.

This is a small community by population, inside the lowest band used on this site, and the provincial framework applies without variation.

The census figures for Three Hills

Statistics Canada's 2021 Census gives Three Hills a population of 3,042. The community covers 6.7 square kilometres of land.

On those two figures, density is 451.3 residents per square kilometre when rounded to one decimal place.

By population it ranks 119 among the Alberta places covered here.

Compared with the other 361 covered Alberta places, Three Hills ranks 119 by population.

Products compared here

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

• Debt relief programs: The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them.
• Bad credit loans: Borrowing when the credit file is damaged, and what changes about price and security as a result.

How borrowing works locally

A longer amortisation lowers each payment and raises the total interest paid over the life of the loan.

A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments. A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

At 3,042 residents in the 2021 Census, Three Hills is listed alongside the other covered places in Alberta.

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

Three Hills ranks 119 by 2021 Census population among the covered places in Alberta.

Three Hills is one of 361 covered Alberta places, counted at 3,042 residents with a land area of 6.7 square kilometres.

The density figure for Three Hills, 451.3 people per square kilometre, is calculated from the population and land area above.

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

The land area recorded for Three Hills is 6.7 square kilometres, and the population is 3,042 residents in the 2021 Census.

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

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

Three Hills appears in the census record with 3,042 residents, and the density of 451.3 people per square kilometre follows from it.

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

Three Hills sits at rank 119 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

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).

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