Compare loans

Borrowing in Nelson House 170, Manitoba

How borrowing works in Nelson House 170, Manitoba, where the 2021 Census counted 2,397 residents.

Province Manitoba (MB)
Population, 2021 Census 2,397
Land area 17.3 km²
Provincial regulator See the FCAC list

Nelson House 170 is one of the Manitoba places covered here, with 2,397 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

The Manitoba rules that apply

The regulator for consumer credit in Manitoba is the body listed by the federal Payday Lending Regulations (SOR/2024-114) provincial and territorial regulators.

A payday advance in Manitoba falls under a provincial licensing regime, and the cost of borrowing is capped at $14 per $100 under the federal limit (this province's own published limit is $17 per $100 advanced, the top of the range the Regulations describe) advanced according to the federal Payday Lending Regulations (SOR/2024-114).

This is a small community by population, inside the lowest band used on this site, and the provincial framework applies without variation.

The census figures for Nelson House 170

In the 2021 Census, Nelson House 170 had 2,397 residents. Its land area is 17.2 square kilometres.

The arithmetic gives 139.0 people per square kilometre.

The 2021 Census population places it at rank 68 in the province.

Compared with the other 203 covered Manitoba places, Nelson House 170 ranks 68 by population.

Products compared here

Among the 20 products compared here, these two are commonly used for the purposes described.

  • Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.
  • Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.

How borrowing works locally

Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term.

A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent. A longer amortisation lowers each payment and raises the total interest paid over the life of the loan.

Nothing on the Nelson House 170 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Nelson House 170 appears in the census record with 2,397 residents, and the density of 139.0 people per square kilometre follows from it.

Nelson House 170 ranks 68 by 2021 Census population among the covered places in Manitoba.

Nelson House 170 sits at rank 68 within Manitoba in this data set, and the provincial rules apply as they do elsewhere.

The Nelson House 170 page follows the same structure as every other place page, with population, land area, density and rank.

Readers comparing Nelson House 170 with another community can use the same four census fields.

The density figure for Nelson House 170, 139.0 people per square kilometre, is calculated from the population and land area above.

For Nelson House 170, the two census fields above are the only local statistics used anywhere on the page.

The land area recorded for Nelson House 170 is 17.2 square kilometres, and the population is 2,397 residents in the 2021 Census.

Nelson House 170 is one of 203 covered Manitoba places, counted at 2,397 residents with a land area of 17.2 square kilometres.

At 2,397 residents in the 2021 Census, Nelson House 170 is listed alongside the other covered places in Manitoba.

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.

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

Population and land area: Statistics Canada, Census of Population 2021, table 98-10-0002.

Borrowing in Nelson House 170

Personal loans A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept. Bad credit loans Borrowing when the credit file is damaged, and what changes about price and security as a result. No credit check loans What lenders who advertise without a credit check actually look at instead, and where the cost goes. Lines of credit A revolving limit you draw on and repay, usually paying interest only on what is outstanding. Unsecured loans Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone. Secured loans Borrowing against an asset, which lowers the price but puts the asset at risk if you default. Car loans Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit. Mortgage loans Borrowing against residential property, including how a federally regulated lender tests the file. Home equity loans Converting property equity into credit, and the difference between a lump sum and a revolving limit. Mortgage refinancing Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs. Home renovation loans Paying for work on a property, from a small unsecured instalment loan to a secured renovation product. Business loans Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit. Business lines of credit A revolving operating limit for a business, and why it behaves differently from a term loan. Debt consolidation loans Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps. Debt relief programs The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them. Payday loans Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit. Cash advance loans Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance. Emergency loans Money for an urgent expense, and the order in which a sensible borrower works through the options. Instalment loans A fixed number of fixed payments, sized larger and longer than a payday advance. Collateral loans Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.

Nearby places

Frequently asked questions

Related

Compare loan offers

Compare options from Canadian lending partners. We are not a lender and we do not make credit decisions.

See partner options

Advertising disclosure: loanmoose.ca may receive a referral fee if you continue through a partner link. That fee does not change the rate you are offered and it does not change what we publish. We are not a lender. Read the full disclosure.