Borrowing in Soowahlie 14, British Columbia

This page covers borrowing in Soowahlie 14, British Columbia: the census facts, the provincial rules, and the products people compare.

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.

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).

Small places are covered the same way as large ones: census figures for the place, and the provincial position on lending.

How borrowing works locally

Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists.

A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached. A lender may ask for proof of address, and a permanent address is a standard requirement for consumer credit.

The census figures for Soowahlie 14

Soowahlie 14 recorded a population of 255 in Statistics Canada's 2021 Census of Population. Land area for Soowahlie 14 is 4.6 square kilometres in the same census.

Dividing population by land area gives 55.8 residents per square kilometre, rounded to one decimal place.

Its provincial population rank is 381 within this data set.

Soowahlie 14 therefore appears at rank 381 of 460 covered British Columbia places, with a density of 55.8 people per square kilometre.

Products compared here

The site describes 20 products in total; the two below are representative of the range.

• Unsecured loans: Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone.
• Business loans: Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit.

Soowahlie 14 is one of 460 covered British Columbia places, counted at 255 residents with a land area of 4.6 square kilometres.

Readers comparing Soowahlie 14 with another community can use the same four census fields.

The land area recorded for Soowahlie 14 is 4.6 square kilometres, and the population is 255 residents in the 2021 Census.

At 255 residents in the 2021 Census, Soowahlie 14 is listed alongside the other covered places in British Columbia.

The Soowahlie 14 page follows the same structure as every other place page, with population, land area, density and rank.

Soowahlie 14 ranks 381 by 2021 Census population among the covered places in British Columbia.

The density figure for Soowahlie 14, 55.8 people per square kilometre, is calculated from the population and land area above.

Where a figure for Soowahlie 14 could not be verified, the page names the publisher instead of printing a number.

Nothing on the Soowahlie 14 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Soowahlie 14 sits at rank 381 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

For Soowahlie 14, the two census fields above are the only local statistics used anywhere on the page.

Soowahlie 14 appears in the census record with 255 residents, and the density of 55.8 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.

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 same structure is used for every place covered, so two communities can be compared field by field: population, land area, density, rank, and the provincial rules.