Borrowing in Radium Hot Springs, British Columbia

With 1,339 residents counted in the 2021 Census, Radium Hot Springs sits inside British Columbia's provincial lending framework.

The British Columbia rules that apply

Licensing for consumer credit in British Columbia sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public list of provincial and territorial regulators.

A payday advance in British Columbia falls under a provincial licensing regime, and the cost of borrowing is capped at $14 per $100 advanced according to the federal Payday Lending Regulations (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.

How borrowing works locally

A mortgage is registered against the property, which is what gives the lender its claim.

A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments. A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one.

The census figures for Radium Hot Springs

1,339 people were counted in Radium Hot Springs in the 2021 Census. The census records a land area of 6.3 square kilometres for Radium Hot Springs.

Dividing population by land area gives 211.2 residents per square kilometre, rounded to one decimal place.

Among covered British Columbia places, Radium Hot Springs sits at rank 255 by population.

Compared with the other 460 covered British Columbia places, Radium Hot Springs ranks 255 by population.

Products compared here

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

• Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.
• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.

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

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

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

Radium Hot Springs sits at rank 255 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

The land area recorded for Radium Hot Springs is 6.3 square kilometres, and the population is 1,339 residents in the 2021 Census.

Radium Hot Springs ranks 255 by 2021 Census population among the covered places in British Columbia.

At 1,339 residents in the 2021 Census, Radium Hot Springs is listed alongside the other covered places in British Columbia.

The density figure for Radium Hot Springs, 211.2 people per square kilometre, is calculated from the population and land area above.

Readers comparing Radium Hot Springs with another community can use the same four census fields.

Radium Hot Springs appears in the census record with 1,339 residents, and the density of 211.2 people per square kilometre follows from it.

Radium Hot Springs is one of 460 covered British Columbia places, counted at 1,339 residents with a land area of 6.3 square kilometres.

loanmoose.ca is not a lender and does not make credit decisions. The lowest rates are only available to the most qualified applicants.

Population and land area figures come from Statistics Canada's 2021 Census of Population; regulatory statements are attributed to the federal Payday Lending Regulations (SOR/2024-114).

Nothing here is an offer, and no page on this site can tell anyone what a lender will decide.