Borrowing in Port Coquitlam, British Columbia

A loan taken out in Port Coquitlam is governed by British Columbia's licensing rules, and the 2021 Census counted 61,498 people in the community.

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) list British Columbia among the provinces that regulate payday lending, where the federal Payday Lending Regulations (SOR/2024-114) cap the cost of borrowing at $14 per $100 advanced.

In the middle band, the community is grouped with comparable places here, and the rules stay provincial.

How borrowing works locally

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

A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments. A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached.

The census figures for Port Coquitlam

Population for Port Coquitlam stands at 61,498 in the 2021 Census. Statistics Canada lists 29.2 square kilometres of land for the community.

The calculated density is 2109.0 people per square kilometre.

Among covered British Columbia places, Port Coquitlam sits at rank 19 by population.

Compared with the other 460 covered British Columbia places, Port Coquitlam ranks 19 by population.

Products compared here

Among the 20 products compared here, these two are commonly used for the purposes described.

• Debt consolidation loans: Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps.
• Personal loans: A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept.

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

Port Coquitlam appears in the census record with 61,498 residents, and the density of 2109.0 people per square kilometre follows from it.

The density figure for Port Coquitlam, 2109.0 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Port Coquitlam is 29.2 square kilometres, and the population is 61,498 residents in the 2021 Census.

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

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

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

Port Coquitlam ranks 19 by 2021 Census population among the covered places in British Columbia.

Port Coquitlam is one of 460 covered British Columbia places, counted at 61,498 residents with a land area of 29.2 square kilometres.

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

At 61,498 residents in the 2021 Census, Port Coquitlam is listed alongside the other covered places in British Columbia.

Port Coquitlam sits at rank 19 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

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.

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