Borrowing in Lytton, British Columbia

Lytton, British Columbia, recorded a population of 210 in the 2021 Census; the rules that govern a loan signed there are provincial.

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) count British Columbia among the provinces with payday lending rules, where the published maximum cost of borrowing is $14 per $100 advanced under SOR/2024-114.

This is a small community by population, inside the lowest band used on this site, and the provincial framework applies without variation.

The census figures for Lytton

The 2021 Census counted 210 residents in Lytton. Land area for Lytton is 6.7 square kilometres in the same census.

That gives a density of 31.2 people per square kilometre, rounded to one decimal place.

The 2021 Census population places it at rank 407 in the province.

Lytton is one of 460 places listed for British Columbia, ranked 407 by population and measured at 6.7 square kilometres.

Products compared here

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

• 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.

How borrowing works locally

Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term.

Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation. 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.

At 210 residents in the 2021 Census, Lytton is listed alongside the other covered places in British Columbia.

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

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

Lytton is one of 460 covered British Columbia places, counted at 210 residents with a land area of 6.7 square kilometres.

Lytton appears in the census record with 210 residents, and the density of 31.2 people per square kilometre follows from it.

The land area recorded for Lytton is 6.7 square kilometres, and the population is 210 residents in the 2021 Census.

Lytton sits at rank 407 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

Lytton ranks 407 by 2021 Census population among the covered places in British Columbia.

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

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

The density figure for Lytton, 31.2 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.

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.

Nothing here is an offer, and no page on this site can tell anyone what a lender will decide.