Borrowing in Upper Sumas 6, British Columbia

Upper Sumas 6 is one of the British Columbia communities covered here, with a 2021 Census population of 232, and borrowing there is licensed under British Columbia's consumer credit rules.

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.

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.

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

How borrowing works locally

Joint applications combine two incomes and two sets of obligations in the same assessment.

A mortgage is registered against the property, which is what gives the lender its claim. Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

The census figures for Upper Sumas 6

The 2021 Census counted 232 residents in Upper Sumas 6. 2.6 square kilometres of land are attributed to Upper Sumas 6.

That gives a density of 90.6 people per square kilometre, rounded to one decimal place.

Its provincial population rank is 393 within this data set.

Within British Columbia, Upper Sumas 6 is place number 393 by population in this census set, at 232 residents.

Products compared here

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

• 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.

Where a figure for Upper Sumas 6 could not be verified, the page names the publisher instead of printing a number.

For Upper Sumas 6, the two census fields above are the only local statistics used anywhere on the page.

Upper Sumas 6 appears in the census record with 232 residents, and the density of 90.6 people per square kilometre follows from it.

At 232 residents in the 2021 Census, Upper Sumas 6 is listed alongside the other covered places in British Columbia.

Upper Sumas 6 is one of 460 covered British Columbia places, counted at 232 residents with a land area of 2.6 square kilometres.

Nothing on the Upper Sumas 6 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Upper Sumas 6 sits at rank 393 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

The density figure for Upper Sumas 6, 90.6 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Upper Sumas 6 is 2.6 square kilometres, and the population is 232 residents in the 2021 Census.

Readers comparing Upper Sumas 6 with another community can use the same four census fields.

Upper Sumas 6 ranks 393 by 2021 Census population among the covered places in British Columbia.

The Upper Sumas 6 page follows the same structure as every other place page, with population, land area, density and rank.

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.

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