Borrowing in Port Moody, British Columbia

A loan taken out in Port Moody is governed by British Columbia's licensing rules, and the 2021 Census counted 33,535 people in the community.

How borrowing works locally

Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term.

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.

Products compared here

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

• Mortgage refinancing: Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs.
• Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.

The census figures for Port Moody

The 2021 Census counted 33,535 residents in Port Moody. Land area for Port Moody is 25.9 square kilometres in the same census.

Dividing population by land area gives 1297.3 residents per square kilometre, rounded to one decimal place.

The 2021 Census population places it at rank 28 in the province.

Compared with the other 460 covered British Columbia places, Port Moody ranks 28 by population.

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.

In British Columbia, payday lending operates under a licensed provincial regime, and the federal Payday Lending Regulations (SOR/2024-114) record a maximum cost of borrowing of $14 for each $100 advanced under SOR/2024-114.

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

At 33,535 residents in the 2021 Census, Port Moody is listed alongside the other covered places in British Columbia.

Port Moody sits at rank 28 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

Port Moody is one of 460 covered British Columbia places, counted at 33,535 residents with a land area of 25.9 square kilometres.

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

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

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

The density figure for Port Moody, 1297.3 people per square kilometre, is calculated from the population and land area above.

Port Moody ranks 28 by 2021 Census population among the covered places in British Columbia.

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

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

The land area recorded for Port Moody is 25.9 square kilometres, and the population is 33,535 residents in the 2021 Census.

Port Moody appears in the census record with 33,535 residents, and the density of 1297.3 people per square kilometre follows from it.

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.