Borrowing in Langley, British Columbia

Langley is one of the British Columbia places covered here, with 132,603 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

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.

This place falls in the upper-middle band, where the product set and the provincial rules are unchanged from smaller centres.

The census figures for Langley

The 2021 Census counted 132,603 residents in Langley. 307.2 square kilometres of land are attributed to Langley.

The calculated density is 431.6 people per square kilometre.

The 2021 Census population places it at rank 8 in the province.

The place record for Langley covers 307.2 square kilometres and 132,603 residents, a density of 431.6 people per square kilometre.

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

A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators. A broker arranges credit but does not lend, and the lender remains the party that makes the decision.

At 132,603 residents in the 2021 Census, Langley is listed alongside the other covered places in British Columbia.

Langley sits at rank 8 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

The land area recorded for Langley is 307.2 square kilometres, and the population is 132,603 residents in the 2021 Census.

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

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

Langley is one of 460 covered British Columbia places, counted at 132,603 residents with a land area of 307.2 square kilometres.

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

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

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

Langley appears in the census record with 132,603 residents, and the density of 431.6 people per square kilometre follows from it.

The density figure for Langley, 431.6 people per square kilometre, is calculated from the population and land area above.

Langley ranks 8 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.

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).

Compare the disclosure on any agreement against the provincial ceiling, and treat the census figures as the only local statistics on the page.