Borrowing in Alkali Lake 1, British Columbia

Alkali Lake 1, British Columbia, recorded a population of 358 in the 2021 Census; the rules that govern a loan signed there are provincial.

The British Columbia rules that apply

The regulator for consumer credit in British Columbia is the body listed by the federal Payday Lending Regulations (SOR/2024-114) provincial and territorial regulators.

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

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 Alkali Lake 1

In the 2021 Census, Alkali Lake 1 had 358 residents. The census records a land area of 2.6 square kilometres for Alkali Lake 1.

Population divided by land area produces a density of 138.2 people per square kilometre.

By population it ranks 353 among the British Columbia places covered here.

Compared with the other 460 covered British Columbia places, Alkali Lake 1 ranks 353 by population.

Products compared here

Each product below has its own page, and the British Columbia position applies to all of them.

• Unsecured loans: Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone.
• Business loans: Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit.

How borrowing works locally

A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one.

A longer amortisation lowers each payment and raises the total interest paid over the life of the loan. A lender is free to set its own price below the legal ceiling, and it does so according to the risk it reads in the file.

Readers comparing Alkali Lake 1 with another community can use the same four census fields.

For Alkali Lake 1, the two census fields above are the only local statistics used anywhere on the page.

Alkali Lake 1 is one of 460 covered British Columbia places, counted at 358 residents with a land area of 2.6 square kilometres.

Nothing on the Alkali Lake 1 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Alkali Lake 1 appears in the census record with 358 residents, and the density of 138.2 people per square kilometre follows from it.

At 358 residents in the 2021 Census, Alkali Lake 1 is listed alongside the other covered places in British Columbia.

Where a figure for Alkali Lake 1 could not be verified, the page names the publisher instead of printing a number.

The density figure for Alkali Lake 1, 138.2 people per square kilometre, is calculated from the population and land area above.

The Alkali Lake 1 page follows the same structure as every other place page, with population, land area, density and rank.

Alkali Lake 1 sits at rank 353 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

Alkali Lake 1 ranks 353 by 2021 Census population among the covered places in British Columbia.

loanmoose.ca is not a lender and does not make credit decisions. The lowest rates are only available to the most qualified applicants.

Population and land area figures come from Statistics Canada's 2021 Census of Population; regulatory statements are attributed to 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.