Borrowing in Langley 2, British Columbia

With 332 residents counted in the 2021 Census, Langley 2 sits inside British Columbia's provincial lending framework.

The census figures for Langley 2

Langley 2 recorded a population of 332 in Statistics Canada's 2021 Census of Population. Its land area is 0.5 square kilometres.

Population divided by land area produces a density of 691.7 people per square kilometre.

Among covered British Columbia places, Langley 2 sits at rank 358 by population.

Langley 2 therefore appears at rank 358 of 460 covered British Columbia places, with a density of 691.7 people per square kilometre.

The British Columbia rules that apply

Licensing for consumer credit in British Columbia sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public list of provincial and territorial regulators.

The federal Payday Lending Regulations (SOR/2024-114) list British Columbia among the provinces that regulate payday lending, where the federal Payday Lending Regulations (SOR/2024-114) cap the cost of borrowing at $14 per $100 advanced.

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

How borrowing works locally

A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists. Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term.

Products compared here

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

• No credit check loans: What lenders who advertise without a credit check actually look at instead, and where the cost goes.
• Mortgage refinancing: Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs.

The land area recorded for Langley 2 is 0.5 square kilometres, and the population is 332 residents in the 2021 Census.

Langley 2 appears in the census record with 332 residents, and the density of 691.7 people per square kilometre follows from it.

Langley 2 sits at rank 358 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

The Langley 2 page follows the same structure as every other place page, with population, land area, density and rank.

For Langley 2, the two census fields above are the only local statistics used anywhere on the page.

Langley 2 is one of 460 covered British Columbia places, counted at 332 residents with a land area of 0.5 square kilometres.

Nothing on the Langley 2 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Readers comparing Langley 2 with another community can use the same four census fields.

Langley 2 ranks 358 by 2021 Census population among the covered places in British Columbia.

Where a figure for Langley 2 could not be verified, the page names the publisher instead of printing a number.

The density figure for Langley 2, 691.7 people per square kilometre, is calculated from the population and land area above.

At 332 residents in the 2021 Census, Langley 2 is listed alongside the other 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).

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