Borrowing in Waiwakum 14, British Columbia

Waiwakum 14, British Columbia, recorded a population of 224 in the 2021 Census; the rules that govern a loan signed there are provincial.

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.

The federal Payday Lending Regulations (SOR/2024-114) list British Columbia among the provinces that regulate payday lending, where the federal Payday Lending Regulations (SOR/2024-114) cap the cost of borrowing at $14 per $100 advanced.

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

Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation.

Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term. A lender may ask for proof of address, and a permanent address is a standard requirement for consumer credit.

The census figures for Waiwakum 14

Statistics Canada's 2021 Census gives Waiwakum 14 a population of 224. The census records a land area of 0.2 square kilometres for Waiwakum 14.

The calculated density is 1317.6 people per square kilometre.

Waiwakum 14 ranks 399 by population among the British Columbia places on this site.

Waiwakum 14 sits at rank 399 among the 460 British Columbia places here, with 224 residents in the 2021 Census.

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.

• No credit check loans: What lenders who advertise without a credit check actually look at instead, and where the cost goes.
• Mortgage refinancing: Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs.

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

Waiwakum 14 is one of 460 covered British Columbia places, counted at 224 residents with a land area of 0.2 square kilometres.

The density figure for Waiwakum 14, 1317.6 people per square kilometre, is calculated from the population and land area above.

Waiwakum 14 ranks 399 by 2021 Census population among the covered places in British Columbia.

At 224 residents in the 2021 Census, Waiwakum 14 is listed alongside the other covered places in British Columbia.

Waiwakum 14 sits at rank 399 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

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

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

Waiwakum 14 appears in the census record with 224 residents, and the density of 1317.6 people per square kilometre follows from it.

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

The land area recorded for Waiwakum 14 is 0.2 square kilometres, and the population is 224 residents in the 2021 Census.

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.

Compare the disclosure on any agreement against the provincial ceiling, and treat the census figures as the only local statistics on the page.