Borrowing in North Tacla Lake, British Columbia

North Tacla Lake is one of the British Columbia communities covered here, with a 2021 Census population of 243, 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, 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.

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

The census figures for North Tacla Lake

243 people were counted in North Tacla Lake in the 2021 Census. The community covers 1.0 square kilometres of land.

That gives a density of 248.0 people per square kilometre, rounded to one decimal place.

Among covered British Columbia places, North Tacla Lake sits at rank 389 by population.

Compared with the other 460 covered British Columbia places, North Tacla Lake ranks 389 by population.

Products compared here

Two of the 20 covered products appear below, each with the purpose the product is designed for.

• 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

A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached. A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

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

Readers comparing North Tacla Lake with another community can use the same four census fields.

North Tacla Lake appears in the census record with 243 residents, and the density of 248.0 people per square kilometre follows from it.

North Tacla Lake ranks 389 by 2021 Census population among the covered places in British Columbia.

The land area recorded for North Tacla Lake is 1.0 square kilometres, and the population is 243 residents in the 2021 Census.

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

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

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

The density figure for North Tacla Lake, 248.0 people per square kilometre, is calculated from the population and land area above.

North Tacla Lake is one of 460 covered British Columbia places, counted at 243 residents with a land area of 1.0 square kilometres.

At 243 residents in the 2021 Census, North Tacla Lake 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.

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.