Borrowing in King, Ontario

With 27,333 residents counted in the 2021 Census, King sits inside Ontario's provincial lending framework.

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.

Payday lending is licensed in Ontario; the federal Payday Lending Regulations (SOR/2024-114) publish a cap of $14 per $100 advanced, and notes that a province may set a lower figure.

Places in the middle band are mid-sized by Canadian standards, and the products compared here are the same provincial set.

How borrowing works locally

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

Joint applications combine two incomes and two sets of obligations in the same assessment. An application usually asks for identification, income evidence, banking details and a statement of obligations.

The census figures for King

King recorded a population of 27,333 in Statistics Canada's 2021 Census of Population. Statistics Canada lists 332.1 square kilometres of land for the community.

On those two figures, density is 82.3 residents per square kilometre when rounded to one decimal place.

Among covered Ontario places, King sits at rank 65 by population.

King is one of 527 places listed for Ontario, ranked 65 by population and measured at 332.1 square kilometres.

Products compared here

The site describes 20 products in total; the two below are representative of the range.

• Bad credit loans: Borrowing when the credit file is damaged, and what changes about price and security as a result.
• Home equity loans: Converting property equity into credit, and the difference between a lump sum and a revolving limit.

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

The land area recorded for King is 332.1 square kilometres, and the population is 27,333 residents in the 2021 Census.

King ranks 65 by 2021 Census population among the covered places in Ontario.

King is one of 527 covered Ontario places, counted at 27,333 residents with a land area of 332.1 square kilometres.

King sits at rank 65 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

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

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

At 27,333 residents in the 2021 Census, King is listed alongside the other covered places in Ontario.

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

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

King appears in the census record with 27,333 residents, and the density of 82.3 people per square kilometre follows from it.

The density figure for King, 82.3 people per square kilometre, is calculated from the population and land area above.

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.

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