Borrowing in Youngstown, Alberta

Youngstown is one of the Alberta places covered here, with 171 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

How borrowing works locally

A lender may ask for proof of address, and a permanent address is a standard requirement for consumer credit.

A broker arranges credit but does not lend, and the lender remains the party that makes the decision. Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

Products compared here

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

• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.
• Home renovation loans: Paying for work on a property, from a small unsecured instalment loan to a secured renovation product.

The census figures for Youngstown

In the 2021 Census, Youngstown had 171 residents. The census records a land area of 1.1 square kilometres for Youngstown.

The arithmetic gives 154.1 people per square kilometre.

Among covered Alberta places, Youngstown sits at rank 325 by population.

The place record for Youngstown covers 1.1 square kilometres and 171 residents, a density of 154.1 people per square kilometre.

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, cap the cost of borrowing at $14 per $100 advanced in Alberta, which the federal Payday Lending Regulations (SOR/2024-114) list as a province that regulates the product.

At the small end of the census range, the community still borrows inside the province's licensing system.

Youngstown sits at rank 325 within Alberta in this data set, and the provincial rules apply as they do elsewhere.

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

The land area recorded for Youngstown is 1.1 square kilometres, and the population is 171 residents in the 2021 Census.

Youngstown ranks 325 by 2021 Census population among the covered places in Alberta.

Youngstown appears in the census record with 171 residents, and the density of 154.1 people per square kilometre follows from it.

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

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

At 171 residents in the 2021 Census, Youngstown is listed alongside the other covered places in Alberta.

Youngstown is one of 361 covered Alberta places, counted at 171 residents with a land area of 1.1 square kilometres.

The density figure for Youngstown, 154.1 people per square kilometre, is calculated from the population and land area above.

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

Nothing on the Youngstown 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.

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