Borrowing in Sechelt (Part), British Columbia

Sechelt (Part) is one of the British Columbia communities covered here, with a 2021 Census population of 744, and borrowing there is licensed under British Columbia's consumer credit rules.

How borrowing works locally

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed. Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists.

Products compared here

The product pages behind this city cover the following borrowing categories, among the 20 products compared nationally.

• 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.

The census figures for Sechelt (Part)

Statistics Canada's 2021 Census gives Sechelt (Part) a population of 744. The community covers 10.8 square kilometres of land.

Dividing population by land area gives 69.0 residents per square kilometre, rounded to one decimal place.

The community is the 294th largest place in the province within this census set.

Compared with the other 460 covered British Columbia places, Sechelt (Part) ranks 294 by population.

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.

Payday lending is licensed in British Columbia; the federal Payday Lending Regulations (SOR/2024-114) publish a cap of $14 per $100 advanced, and notes that a province may set a lower figure.

Places in the smallest population band are grouped here as small communities, and the pages carry the same census fields and the same provincial rules as the largest city.

Sechelt (Part) is one of 460 covered British Columbia places, counted at 744 residents with a land area of 10.8 square kilometres.

Sechelt (Part) ranks 294 by 2021 Census population among the covered places in British Columbia.

The Sechelt (Part) page follows the same structure as every other place page, with population, land area, density and rank.

Where a figure for Sechelt (Part) could not be verified, the page names the publisher instead of printing a number.

Sechelt (Part) appears in the census record with 744 residents, and the density of 69.0 people per square kilometre follows from it.

The land area recorded for Sechelt (Part) is 10.8 square kilometres, and the population is 744 residents in the 2021 Census.

For Sechelt (Part), the two census fields above are the only local statistics used anywhere on the page.

The density figure for Sechelt (Part), 69.0 people per square kilometre, is calculated from the population and land area above.

At 744 residents in the 2021 Census, Sechelt (Part) is listed alongside the other covered places in British Columbia.

Sechelt (Part) sits at rank 294 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

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

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.