Borrowing in Penticton 1, British Columbia

Penticton 1, British Columbia, recorded a population of 2,080 in the 2021 Census; the rules that govern a loan signed there are provincial.

Products compared here

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

• Car loans: Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit.
• Debt consolidation loans: Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps.

How borrowing works locally

Payment history is reported to credit agencies, and that record is what builds or damages a credit file over time.

A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one. A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes.

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.

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 Penticton 1

Statistics Canada's 2021 Census gives Penticton 1 a population of 2,080. The census records a land area of 194.6 square kilometres for Penticton 1.

The arithmetic gives 10.7 people per square kilometre.

Its provincial population rank is 199 within this data set.

Penticton 1 therefore appears at rank 199 of 460 covered British Columbia places, with a density of 10.7 people per square kilometre.

Penticton 1 appears in the census record with 2,080 residents, and the density of 10.7 people per square kilometre follows from it.

At 2,080 residents in the 2021 Census, Penticton 1 is listed alongside the other covered places in British Columbia.

Penticton 1 is one of 460 covered British Columbia places, counted at 2,080 residents with a land area of 194.6 square kilometres.

For Penticton 1, the two census fields above are the only local statistics used anywhere on the page.

The density figure for Penticton 1, 10.7 people per square kilometre, is calculated from the population and land area above.

Penticton 1 ranks 199 by 2021 Census population among the covered places in British Columbia.

Penticton 1 sits at rank 199 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

The land area recorded for Penticton 1 is 194.6 square kilometres, and the population is 2,080 residents in the 2021 Census.

The Penticton 1 page follows the same structure as every other place page, with population, land area, density and rank.

Nothing on the Penticton 1 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Readers comparing Penticton 1 with another community can use the same four census fields.

Where a figure for Penticton 1 could not be verified, the page names the publisher instead of printing a number.

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).

Lending rules change, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position is confirmed.