Borrowing in Cape Mudge 10, British Columbia

Cape Mudge 10, British Columbia, recorded a population of 145 in the 2021 Census; the rules that govern a loan signed there are provincial.

How borrowing works locally

A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes.

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term. A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached.

Products compared here

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

• 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 census figures for Cape Mudge 10

Statistics Canada's 2021 Census gives Cape Mudge 10 a population of 145. Land area for Cape Mudge 10 is 4.9 square kilometres in the same census.

On those two figures, density is 29.4 residents per square kilometre when rounded to one decimal place.

Among covered British Columbia places, Cape Mudge 10 sits at rank 439 by population.

Within British Columbia, Cape Mudge 10 is place number 439 by population in this census set, at 145 residents.

The British Columbia rules that apply

Consumer lending in British Columbia 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.

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.

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

Cape Mudge 10 sits at rank 439 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

The land area recorded for Cape Mudge 10 is 4.9 square kilometres, and the population is 145 residents in the 2021 Census.

The density figure for Cape Mudge 10, 29.4 people per square kilometre, is calculated from the population and land area above.

For Cape Mudge 10, the two census fields above are the only local statistics used anywhere on the page.

Readers comparing Cape Mudge 10 with another community can use the same four census fields.

Nothing on the Cape Mudge 10 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Cape Mudge 10 is one of 460 covered British Columbia places, counted at 145 residents with a land area of 4.9 square kilometres.

Cape Mudge 10 appears in the census record with 145 residents, and the density of 29.4 people per square kilometre follows from it.

The Cape Mudge 10 page follows the same structure as every other place page, with population, land area, density and rank.

Where a figure for Cape Mudge 10 could not be verified, the page names the publisher instead of printing a number.

Cape Mudge 10 ranks 439 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.

Statistics Canada's 2021 Census of Population supplies the population and land-area figures, and the federal Payday Lending Regulations (SOR/2024-114) supply the payday position.

Lending rules change, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position is confirmed.