Borrowing in Union Bay 4, British Columbia

A loan taken out in Union Bay 4 is governed by British Columbia's licensing rules, and the 2021 Census counted 109 people in the community.

The census figures for Union Bay 4

The 2021 Census counted 109 residents in Union Bay 4. Land area for Union Bay 4 is 0.3 square kilometres in the same census.

That gives a density of 375.9 people per square kilometre, rounded to one decimal place.

Among covered British Columbia places, Union Bay 4 sits at rank 452 by population.

Union Bay 4 is one of 460 places listed for British Columbia, ranked 452 by population and measured at 0.3 square kilometres.

Products compared here

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

• Instalment loans: A fixed number of fixed payments, sized larger and longer than a payday advance.
• Secured loans: Borrowing against an asset, which lowers the price but puts the asset at risk if you default.

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.

At the small end of the census range, the community still borrows inside the province's licensing system.

How borrowing works locally

A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached.

An application usually asks for identification, income evidence, banking details and a statement of obligations. Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

Union Bay 4 sits at rank 452 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

For Union Bay 4, the two census fields above are the only local statistics used anywhere on the page.

Union Bay 4 is one of 460 covered British Columbia places, counted at 109 residents with a land area of 0.3 square kilometres.

Union Bay 4 ranks 452 by 2021 Census population among the covered places in British Columbia.

Union Bay 4 appears in the census record with 109 residents, and the density of 375.9 people per square kilometre follows from it.

The land area recorded for Union Bay 4 is 0.3 square kilometres, and the population is 109 residents in the 2021 Census.

The Union Bay 4 page follows the same structure as every other place page, with population, land area, density and rank.

Where a figure for Union Bay 4 could not be verified, the page names the publisher instead of printing a number.

The density figure for Union Bay 4, 375.9 people per square kilometre, is calculated from the population and land area above.

Readers comparing Union Bay 4 with another community can use the same four census fields.

At 109 residents in the 2021 Census, Union Bay 4 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.

The 2021 Census of Population published by Statistics Canada is the source for population and land area; the federal Payday Lending Regulations (SOR/2024-114) are the source for payday rules.

Lending rules change, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position is confirmed.