Borrowing in Port McNeill, British Columbia

Port McNeill is one of the British Columbia communities covered here, with a 2021 Census population of 2,356, and borrowing there is licensed under British Columbia's consumer credit rules.

How borrowing works locally

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one. A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

Products compared here

These are two of the 20 products described on the site, and each has a national page as well as the provincial rules.

• No credit check loans: What lenders who advertise without a credit check actually look at instead, and where the cost goes.
• Mortgage refinancing: Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs.

The census figures for Port McNeill

The 2021 Census counted 2,356 residents in Port McNeill. The community covers 13.8 square kilometres of land.

On those two figures, density is 171.1 residents per square kilometre when rounded to one decimal place.

Among covered British Columbia places, Port McNeill sits at rank 186 by population.

The place record for Port McNeill covers 13.8 square kilometres and 2,356 residents, a density of 171.1 people per square kilometre.

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, 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.

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

Port McNeill is one of 460 covered British Columbia places, counted at 2,356 residents with a land area of 13.8 square kilometres.

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

At 2,356 residents in the 2021 Census, Port McNeill is listed alongside the other covered places in British Columbia.

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

The density figure for Port McNeill, 171.1 people per square kilometre, is calculated from the population and land area above.

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

Port McNeill ranks 186 by 2021 Census population among the covered places in British Columbia.

The land area recorded for Port McNeill is 13.8 square kilometres, and the population is 2,356 residents in the 2021 Census.

Port McNeill sits at rank 186 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

Where a figure for Port McNeill 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.

The 2021 Census of Population published by Statistics Canada is the source for population and land area; the federal Payday Lending Regulations (SOR/2024-114) are the source for payday rules.

The same structure is used for every place covered, so two communities can be compared field by field: population, land area, density, rank, and the provincial rules.