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Borrowing in Wabasca 166C, Alberta

How borrowing works in Wabasca 166C, Alberta, where the 2021 Census counted 179 residents.

Province Alberta (AB)
Population, 2021 Census 179
Land area 32.6 km²
Provincial regulator See the FCAC list

A loan taken out in Wabasca 166C is governed by Alberta's licensing rules, and the 2021 Census counted 179 people in the community.

Products compared here

These are two of the 20 products described on the site, and each has a national page as well as the provincial rules.

  • Secured loans: Borrowing against an asset, which lowers the price but puts the asset at risk if you default.
  • Business lines of credit: A revolving operating limit for a business, and why it behaves differently from a term loan.

How borrowing works locally

A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation. A broker arranges credit but does not lend, and the lender remains the party that makes the decision.

The Alberta rules that apply

Provincial or territorial law decides who may lend in Alberta, and the Financial Consumer Agency of Canada publishes the list that names the regulator responsible.

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.

Communities of this size are listed here with population, land area and density, and the lending rules remain provincial.

The census figures for Wabasca 166C

Statistics Canada's 2021 Census gives Wabasca 166C a population of 179. The community covers 32.6 square kilometres of land.

The calculated density is 5.5 people per square kilometre.

Wabasca 166C ranks 320 by population among the Alberta places on this site.

Wabasca 166C is one of 361 places listed for Alberta, ranked 320 by population and measured at 32.6 square kilometres.

Wabasca 166C sits at rank 320 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

The land area recorded for Wabasca 166C is 32.6 square kilometres, and the population is 179 residents in the 2021 Census.

For Wabasca 166C, the two census fields above are the only local statistics used anywhere on the page.

Wabasca 166C appears in the census record with 179 residents, and the density of 5.5 people per square kilometre follows from it.

The density figure for Wabasca 166C, 5.5 people per square kilometre, is calculated from the population and land area above.

Where a figure for Wabasca 166C could not be verified, the page names the publisher instead of printing a number.

The Wabasca 166C page follows the same structure as every other place page, with population, land area, density and rank.

At 179 residents in the 2021 Census, Wabasca 166C is listed alongside the other covered places in Alberta.

Wabasca 166C is one of 361 covered Alberta places, counted at 179 residents with a land area of 32.6 square kilometres.

Wabasca 166C ranks 320 by 2021 Census population among the covered places in Alberta.

Readers comparing Wabasca 166C 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.

Statistics Canada's 2021 Census of Population supplies the population and land-area figures, and the federal Payday Lending Regulations (SOR/2024-114) supply the payday position.

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

Population and land area: Statistics Canada, Census of Population 2021, table 98-10-0002.

Borrowing in Wabasca 166C

Personal loans A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept. Bad credit loans Borrowing when the credit file is damaged, and what changes about price and security as a result. No credit check loans What lenders who advertise without a credit check actually look at instead, and where the cost goes. Lines of credit A revolving limit you draw on and repay, usually paying interest only on what is outstanding. Unsecured loans Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone. Secured loans Borrowing against an asset, which lowers the price but puts the asset at risk if you default. Car loans Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit. Mortgage loans Borrowing against residential property, including how a federally regulated lender tests the file. Home equity loans Converting property equity into credit, and the difference between a lump sum and a revolving limit. Mortgage refinancing Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs. Home renovation loans Paying for work on a property, from a small unsecured instalment loan to a secured renovation product. Business loans Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit. Business lines of credit A revolving operating limit for a business, and why it behaves differently from a term loan. Debt consolidation loans Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps. Debt relief programs The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them. Payday loans Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit. Cash advance loans Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance. Emergency loans Money for an urgent expense, and the order in which a sensible borrower works through the options. Instalment loans A fixed number of fixed payments, sized larger and longer than a payday advance. Collateral loans Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.

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