Borrowing in Silverton, British Columbia

Silverton is one of the British Columbia places covered here, with 149 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

The British Columbia rules that apply

Provincial or territorial law decides who may lend in British Columbia, and the Financial Consumer Agency of Canada publishes the list that names the regulator responsible.

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 credit file is compiled by private agencies from information lenders and other creditors report.

A broker arranges credit but does not lend, and the lender remains the party that makes the decision. Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term.

The census figures for Silverton

Silverton recorded a population of 149 in Statistics Canada's 2021 Census of Population. The census records a land area of 0.3 square kilometres for Silverton.

On those two figures, density is 425.7 residents per square kilometre when rounded to one decimal place.

By population it ranks 434 among the British Columbia places covered here.

Silverton therefore appears at rank 434 of 460 covered British Columbia places, with a density of 425.7 people per square kilometre.

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.

• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.
• Home renovation loans: Paying for work on a property, from a small unsecured instalment loan to a secured renovation product.

Silverton appears in the census record with 149 residents, and the density of 425.7 people per square kilometre follows from it.

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

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

Silverton sits at rank 434 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

The land area recorded for Silverton is 0.3 square kilometres, and the population is 149 residents in the 2021 Census.

The density figure for Silverton, 425.7 people per square kilometre, is calculated from the population and land area above.

At 149 residents in the 2021 Census, Silverton is listed alongside the other covered places in British Columbia.

Silverton ranks 434 by 2021 Census population among the covered places in British Columbia.

Silverton is one of 460 covered British Columbia places, counted at 149 residents with a land area of 0.3 square kilometres.

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

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

Nothing on the Silverton 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.

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.