Borrowing in Alberni-Clayoquot B, British Columbia

A loan taken out in Alberni-Clayoquot B is governed by British Columbia's licensing rules, and the 2021 Census counted 531 people in the community.

The British Columbia rules that apply

The body that licenses consumer lending in British Columbia is the regulator named on the federal Payday Lending Regulations (SOR/2024-114)'s list of provincial and territorial regulators.

In British Columbia, payday lending operates under a licensed provincial regime, and the federal Payday Lending Regulations (SOR/2024-114) record a maximum cost of borrowing of $14 for each $100 advanced under SOR/2024-114.

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

The census figures for Alberni-Clayoquot B

Statistics Canada's 2021 Census gives Alberni-Clayoquot B a population of 531. 92.2 square kilometres of land are attributed to Alberni-Clayoquot B.

Dividing population by land area gives 5.8 residents per square kilometre, rounded to one decimal place.

By population it ranks 317 among the British Columbia places covered here.

Alberni-Clayoquot B therefore appears at rank 317 of 460 covered British Columbia places, with a density of 5.8 people per square kilometre.

Products compared here

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

• Instalment loans: A fixed number of fixed payments, sized larger and longer than a payday advance.
• Secured loans: Borrowing against an asset, which lowers the price but puts the asset at risk if you default.

How borrowing works locally

An application usually asks for identification, income evidence, banking details and a statement of obligations.

Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term. A lender may ask for proof of address, and a permanent address is a standard requirement for consumer credit.

The Alberni-Clayoquot B page follows the same structure as every other place page, with population, land area, density and rank.

Readers comparing Alberni-Clayoquot B with another community can use the same four census fields.

The land area recorded for Alberni-Clayoquot B is 92.2 square kilometres, and the population is 531 residents in the 2021 Census.

Alberni-Clayoquot B is one of 460 covered British Columbia places, counted at 531 residents with a land area of 92.2 square kilometres.

Alberni-Clayoquot B ranks 317 by 2021 Census population among the covered places in British Columbia.

Where a figure for Alberni-Clayoquot B could not be verified, the page names the publisher instead of printing a number.

Alberni-Clayoquot B appears in the census record with 531 residents, and the density of 5.8 people per square kilometre follows from it.

Nothing on the Alberni-Clayoquot B page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

The density figure for Alberni-Clayoquot B, 5.8 people per square kilometre, is calculated from the population and land area above.

Alberni-Clayoquot B sits at rank 317 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

At 531 residents in the 2021 Census, Alberni-Clayoquot B is listed alongside the other covered places in British Columbia.

For Alberni-Clayoquot B, the two census fields above are the only local statistics used anywhere on the page.

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).

Nothing here is an offer, and no page on this site can tell anyone what a lender will decide.