Borrowing in Parry Sound, Ontario

Parry Sound is one of the Ontario places covered here, with 6,879 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

How borrowing works locally

An application usually asks for identification, income evidence, banking details and a statement of obligations.

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 revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

Products compared here

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

• Emergency loans: Money for an urgent expense, and the order in which a sensible borrower works through the options.
• Unsecured loans: Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone.

The census figures for Parry Sound

Population for Parry Sound stands at 6,879 in the 2021 Census. Its land area is 13.1 square kilometres.

On those two figures, density is 525.1 residents per square kilometre when rounded to one decimal place.

Its provincial population rank is 207 within this data set.

Compared with the other 527 covered Ontario places, Parry Sound ranks 207 by population.

The Ontario rules that apply

Consumer credit in Ontario is licensed by the provincial or territorial regulator, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

In Ontario, payday lending operates under a licensed provincial regime, and the federal Payday Lending Regulations (SOR/2024-114) record a maximum cost of borrowing of $14 for each $100 advanced under SOR/2024-114.

In the lower-middle band, pages carry the census figures for the place and the same provincial lending position as larger centres.

At 6,879 residents in the 2021 Census, Parry Sound is listed alongside the other covered places in Ontario.

Parry Sound is one of 527 covered Ontario places, counted at 6,879 residents with a land area of 13.1 square kilometres.

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

The density figure for Parry Sound, 525.1 people per square kilometre, is calculated from the population and land area above.

Parry Sound ranks 207 by 2021 Census population among the covered places in Ontario.

Parry Sound appears in the census record with 6,879 residents, and the density of 525.1 people per square kilometre follows from it.

The land area recorded for Parry Sound is 13.1 square kilometres, and the population is 6,879 residents in the 2021 Census.

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

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

Parry Sound sits at rank 207 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

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

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

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

Population and land area figures come from Statistics Canada's 2021 Census of Population; regulatory statements are attributed to the federal Payday Lending Regulations (SOR/2024-114).

The provincial rules apply wherever a borrower is in Ontario; a municipal boundary does not change them.