Borrowing in Becher Bay 1, British Columbia

A loan taken out in Becher Bay 1 is governed by British Columbia's licensing rules, and the 2021 Census counted 221 people in the community.

The census figures for Becher Bay 1

The 2021 Census counted 221 residents in Becher Bay 1. The census records a land area of 2.6 square kilometres for Becher Bay 1.

On those two figures, density is 83.7 residents per square kilometre when rounded to one decimal place.

Becher Bay 1 ranks 400 by population among the British Columbia places on this site.

Becher Bay 1 therefore appears at rank 400 of 460 covered British Columbia places, with a density of 83.7 people per square kilometre.

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.

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.

The lowest band groups villages, rural municipalities and small towns, all read against the same provincial rulebook.

How borrowing works locally

A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender.

A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes. Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term.

Products compared here

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

• Business loans: Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit.
• Instalment loans: A fixed number of fixed payments, sized larger and longer than a payday advance.

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

Becher Bay 1 ranks 400 by 2021 Census population among the covered places in British Columbia.

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

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

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

Becher Bay 1 sits at rank 400 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

Readers comparing Becher Bay 1 with another community can use the same four census fields.

At 221 residents in the 2021 Census, Becher Bay 1 is listed alongside the other covered places in British Columbia.

The land area recorded for Becher Bay 1 is 2.6 square kilometres, and the population is 221 residents in the 2021 Census.

Becher Bay 1 appears in the census record with 221 residents, and the density of 83.7 people per square kilometre follows from it.

Becher Bay 1 is one of 460 covered British Columbia places, counted at 221 residents with a land area of 2.6 square kilometres.

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).

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