Borrowing in Belcarra, British Columbia

Belcarra is one of the British Columbia places covered here, with 687 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

Products compared here

The site describes 20 products in total; the two below are representative of the range.

• Payday loans: Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit.
• No credit check loans: What lenders who advertise without a credit check actually look at instead, and where the cost goes.

How borrowing works locally

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.

An application usually asks for identification, income evidence, banking details and a statement of obligations. A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

The British Columbia rules that apply

Consumer credit in British Columbia is licensed by the provincial or territorial regulator, and the Financial Consumer Agency of Canada publishes the 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.

Small places are covered the same way as large ones: census figures for the place, and the provincial position on lending.

The census figures for Belcarra

The 2021 Census counted 687 residents in Belcarra. The community covers 5.5 square kilometres of land.

The arithmetic gives 124.9 people per square kilometre.

Belcarra ranks 301 by population among the British Columbia places on this site.

Compared with the other 460 covered British Columbia places, Belcarra ranks 301 by population.

At 687 residents in the 2021 Census, Belcarra is listed alongside the other covered places in British Columbia.

The density figure for Belcarra, 124.9 people per square kilometre, is calculated from the population and land area above.

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

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

Belcarra appears in the census record with 687 residents, and the density of 124.9 people per square kilometre follows from it.

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

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

The land area recorded for Belcarra is 5.5 square kilometres, and the population is 687 residents in the 2021 Census.

Belcarra ranks 301 by 2021 Census population among the covered places in British Columbia.

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

Belcarra sits at rank 301 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

Belcarra is one of 460 covered British Columbia places, counted at 687 residents with a land area of 5.5 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.

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).

The same structure is used for every place covered, so two communities can be compared field by field: population, land area, density, rank, and the provincial rules.