Borrowing in Vermilion, Alberta

Vermilion is one of the Alberta places covered here, with 3,948 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

The census figures for Vermilion

Population for Vermilion stands at 3,948 in the 2021 Census. The community covers 12.7 square kilometres of land.

The calculated density is 310.4 people per square kilometre.

Its provincial population rank is 101 within this data set.

Compared with the other 361 covered Alberta places, Vermilion ranks 101 by population.

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.

Payday lending is licensed in Alberta; the federal Payday Lending Regulations (SOR/2024-114) publish a cap of $14 per $100 advanced, and notes that a province may set a lower figure.

Places in the smallest population band are grouped here as small communities, and the pages carry the same census fields and the same provincial rules as the largest city.

How borrowing works locally

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

An application usually asks for identification, income evidence, banking details and a statement of obligations. Joint applications combine two incomes and two sets of obligations in the same assessment.

Products compared here

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

• Emergency loans: Money for an urgent expense, and the order in which a sensible borrower works through the options.
• Unsecured loans: Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone.

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

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

The land area recorded for Vermilion is 12.7 square kilometres, and the population is 3,948 residents in the 2021 Census.

At 3,948 residents in the 2021 Census, Vermilion is listed alongside the other covered places in Alberta.

The density figure for Vermilion, 310.4 people per square kilometre, is calculated from the population and land area above.

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

Vermilion is one of 361 covered Alberta places, counted at 3,948 residents with a land area of 12.7 square kilometres.

Vermilion sits at rank 101 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

Vermilion appears in the census record with 3,948 residents, and the density of 310.4 people per square kilometre follows from it.

Vermilion ranks 101 by 2021 Census population among the covered places in Alberta.

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

Nothing on the Vermilion 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.

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.

The provincial rules apply wherever a borrower is in Alberta; a municipal boundary does not change them.