Borrowing in White Rock, British Columbia

A loan taken out in White Rock is governed by British Columbia's licensing rules, and the 2021 Census counted 21,939 people in the community.

The census figures for White Rock

Population for White Rock stands at 21,939 in the 2021 Census. Land area for White Rock is 5.2 square kilometres in the same census.

Population divided by land area produces a density of 4243.5 people per square kilometre.

Its provincial population rank is 33 within this data set.

White Rock is one of 460 places listed for British Columbia, ranked 33 by population and measured at 5.2 square kilometres.

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).

Places in the lower-middle band group smaller towns and municipalities under the same provincial framework.

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.

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed. A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached.

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White Rock appears in the census record with 21,939 residents, and the density of 4243.5 people per square kilometre follows from it.

White Rock sits at rank 33 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

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

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

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

The land area recorded for White Rock is 5.2 square kilometres, and the population is 21,939 residents in the 2021 Census.

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

The density figure for White Rock, 4243.5 people per square kilometre, is calculated from the population and land area above.

At 21,939 residents in the 2021 Census, White Rock is listed alongside the other covered places in British Columbia.

White Rock ranks 33 by 2021 Census population among the covered places in British Columbia.

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

loanmoose.ca is not a lender and does not make credit decisions. The lowest rates are only available to the most qualified applicants.

Statistics Canada's 2021 Census of Population supplies the population and land-area figures, and the federal Payday Lending Regulations (SOR/2024-114) supply the payday position.

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.