Borrowing in Quesnel, British Columbia

Quesnel, British Columbia, recorded a population of 9,889 in the 2021 Census; the rules that govern a loan signed there are provincial.

The British Columbia rules that apply

The regulator for consumer credit in British Columbia is the body listed by the federal Payday Lending Regulations (SOR/2024-114) 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.

Municipalities of this size are grouped together here, with the province setting the licensing position for all of them.

How borrowing works locally

A lender is free to set its own price below the legal ceiling, and it does so according to the risk it reads in the file.

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 shorter term raises each payment and lowers the total interest, which is the trade every schedule makes.

The census figures for Quesnel

Statistics Canada's 2021 Census gives Quesnel a population of 9,889. Its land area is 35.4 square kilometres.

The calculated density is 279.7 people per square kilometre.

Its provincial population rank is 62 within this data set.

Quesnel therefore appears at rank 62 of 460 covered British Columbia places, with a density of 279.7 people per square kilometre.

Products compared here

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

• Bad credit loans: Borrowing when the credit file is damaged, and what changes about price and security as a result.
• Home equity loans: Converting property equity into credit, and the difference between a lump sum and a revolving limit.

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

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

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

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

Quesnel ranks 62 by 2021 Census population among the covered places in British Columbia.

Quesnel sits at rank 62 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

The land area recorded for Quesnel is 35.4 square kilometres, and the population is 9,889 residents in the 2021 Census.

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

The density figure for Quesnel, 279.7 people per square kilometre, is calculated from the population and land area above.

Quesnel is one of 460 covered British Columbia places, counted at 9,889 residents with a land area of 35.4 square kilometres.

At 9,889 residents in the 2021 Census, Quesnel 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.

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).

The provincial rules apply wherever a borrower is in British Columbia; a municipal boundary does not change them.