Borrowing in Val Quentin, Alberta

A loan taken out in Val Quentin is governed by Alberta's licensing rules, and the 2021 Census counted 158 people in the community.

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).

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 Val Quentin

Population for Val Quentin stands at 158 in the 2021 Census. The community covers 0.3 square kilometres of land.

The calculated density is 544.8 people per square kilometre.

Among covered Alberta places, Val Quentin sits at rank 336 by population.

Val Quentin therefore appears at rank 336 of 361 covered Alberta places, with a density of 544.8 people per square kilometre.

Products compared here

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

• Collateral loans: Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.
• Car loans: Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit.

How borrowing works locally

A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments.

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed. A mortgage is registered against the property, which is what gives the lender its claim.

Val Quentin appears in the census record with 158 residents, and the density of 544.8 people per square kilometre follows from it.

At 158 residents in the 2021 Census, Val Quentin is listed alongside the other covered places in Alberta.

Val Quentin ranks 336 by 2021 Census population among the covered places in Alberta.

Readers comparing Val Quentin with another community can use the same four census fields.

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

Val Quentin sits at rank 336 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

The land area recorded for Val Quentin is 0.3 square kilometres, and the population is 158 residents in the 2021 Census.

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

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

The density figure for Val Quentin, 544.8 people per square kilometre, is calculated from the population and land area above.

Val Quentin is one of 361 covered Alberta places, counted at 158 residents with a land area of 0.3 square kilometres.

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).

Compare the disclosure on any agreement against the provincial ceiling, and treat the census figures as the only local statistics on the page.