Borrowing in Neskonlith, British Columbia

Neskonlith is one of the British Columbia communities covered here, with a 2021 Census population of 279, and borrowing there is licensed under British Columbia's consumer credit rules.

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) 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.

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

The census figures for Neskonlith

The 2021 Census counted 279 residents in Neskonlith. Its land area is 24.7 square kilometres.

The calculated density is 11.3 people per square kilometre.

Neskonlith ranks 377 by population among the British Columbia places on this site.

Compared with the other 460 covered British Columbia places, Neskonlith ranks 377 by population.

Products compared here

Each product below has its own page, and the British Columbia position applies to all of them.

• Secured loans: Borrowing against an asset, which lowers the price but puts the asset at risk if you default.
• Business lines of credit: A revolving operating limit for a business, and why it behaves differently from a term loan.

How borrowing works locally

Interest on a line of credit accrues only on the drawn portion, not on the unused limit.

A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached. A longer amortisation lowers each payment and raises the total interest paid over the life of the loan.

At 279 residents in the 2021 Census, Neskonlith is listed alongside the other covered places in British Columbia.

Neskonlith sits at rank 377 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

Neskonlith is one of 460 covered British Columbia places, counted at 279 residents with a land area of 24.7 square kilometres.

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

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

Neskonlith ranks 377 by 2021 Census population among the covered places in British Columbia.

Neskonlith appears in the census record with 279 residents, and the density of 11.3 people per square kilometre follows from it.

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

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

The land area recorded for Neskonlith is 24.7 square kilometres, and the population is 279 residents in the 2021 Census.

The density figure for Neskonlith, 11.3 people per square kilometre, is calculated from the population and land area above.

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

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).

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