Borrowing in Logan Lake, British Columbia

A loan taken out in Logan Lake is governed by British Columbia's licensing rules, and the 2021 Census counted 2,255 people in the community.

How borrowing works locally

A credit file is compiled by private agencies from information lenders and other creditors report.

Joint applications combine two incomes and two sets of obligations in the same assessment. A lender may ask for proof of address, and a permanent address is a standard requirement for consumer credit.

Products compared here

The product pages behind this city cover the following borrowing categories, among the 20 products compared nationally.

• Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.
• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.

The census figures for Logan Lake

The 2021 Census counted 2,255 residents in Logan Lake. Its land area is 324.3 square kilometres.

Population divided by land area produces a density of 7.0 people per square kilometre.

The 2021 Census population places it at rank 192 in the province.

Within British Columbia, Logan Lake is place number 192 by population in this census set, at 2,255 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.

At the small end of the census range, the community still borrows inside the province's licensing system.

At 2,255 residents in the 2021 Census, Logan Lake is listed alongside the other covered places in British Columbia.

Logan Lake appears in the census record with 2,255 residents, and the density of 7.0 people per square kilometre follows from it.

Logan Lake is one of 460 covered British Columbia places, counted at 2,255 residents with a land area of 324.3 square kilometres.

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

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

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

The land area recorded for Logan Lake is 324.3 square kilometres, and the population is 2,255 residents in the 2021 Census.

Logan Lake sits at rank 192 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

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

The density figure for Logan Lake, 7.0 people per square kilometre, is calculated from the population and land area above.

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).

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