Borrowing in Deep River, Ontario

This page covers borrowing in Deep River, Ontario: the census facts, the provincial rules, and the products people compare.

Products compared here

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

• Payday loans: Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit.
• No credit check loans: What lenders who advertise without a credit check actually look at instead, and where the cost goes.

How borrowing works locally

A credit file is compiled by private agencies from information lenders and other creditors report.

A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one. A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

The Ontario rules that apply

The body that licenses consumer lending in Ontario 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 Ontario 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.

Communities of this size are listed here with population, land area and density, and the lending rules remain provincial.

The census figures for Deep River

In the 2021 Census, Deep River had 4,175 residents. The census records a land area of 50.3 square kilometres for Deep River.

Dividing population by land area gives 83.1 residents per square kilometre, rounded to one decimal place.

The community is the 245th largest place in the province within this census set.

Deep River is one of 527 places listed for Ontario, ranked 245 by population and measured at 50.3 square kilometres.

Deep River sits at rank 245 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

At 4,175 residents in the 2021 Census, Deep River is listed alongside the other covered places in Ontario.

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

Deep River is one of 527 covered Ontario places, counted at 4,175 residents with a land area of 50.3 square kilometres.

Deep River ranks 245 by 2021 Census population among the covered places in Ontario.

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

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

The land area recorded for Deep River is 50.3 square kilometres, and the population is 4,175 residents in the 2021 Census.

Deep River appears in the census record with 4,175 residents, and the density of 83.1 people per square kilometre follows from it.

The density figure for Deep River, 83.1 people per square kilometre, is calculated from the population and land area above.

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

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

Census figures are from Statistics Canada's 2021 Census of Population, and the payday position is taken from the federal Payday Lending Regulations (SOR/2024-114).

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