Borrowing in Essex, Ontario

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

The census figures for Essex

Statistics Canada's 2021 Census gives Essex a population of 21,216. Its land area is 277.5 square kilometres.

On those two figures, density is 76.4 residents per square kilometre when rounded to one decimal place.

The 2021 Census population places it at rank 85 in the province.

Essex sits at rank 85 among the 527 Ontario places here, with 21,216 residents in the 2021 Census.

The Ontario rules that apply

Licensing for consumer credit in Ontario sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public list of provincial and territorial regulators.

A payday advance in Ontario 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).

This community sits in the lower-middle population band, which changes the census figures rather than the rules.

How borrowing works locally

A lender may ask for proof of address, and a permanent address is a standard requirement for consumer credit.

An application usually asks for identification, income evidence, banking details and a statement of obligations. Debt management plans are administered by accredited credit counsellors, and they are not loans.

Products compared here

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

• Home renovation loans: Paying for work on a property, from a small unsecured instalment loan to a secured renovation product.
• Emergency loans: Money for an urgent expense, and the order in which a sensible borrower works through the options.

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

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

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

Essex sits at rank 85 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

The density figure for Essex, 76.4 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Essex is 277.5 square kilometres, and the population is 21,216 residents in the 2021 Census.

Essex is one of 527 covered Ontario places, counted at 21,216 residents with a land area of 277.5 square kilometres.

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

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

At 21,216 residents in the 2021 Census, Essex is listed alongside the other covered places in Ontario.

Essex ranks 85 by 2021 Census population among the covered places in Ontario.

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).

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