Borrowing in South-West Oxford, Ontario

South-West Oxford, Ontario, recorded a population of 7,583 in the 2021 Census; the rules that govern a loan signed there are provincial.

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.

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.

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

The census figures for South-West Oxford

Population for South-West Oxford stands at 7,583 in the 2021 Census. Statistics Canada lists 369.6 square kilometres of land for the community.

Dividing population by land area gives 20.5 residents per square kilometre, rounded to one decimal place.

Among covered Ontario places, South-West Oxford sits at rank 188 by population.

South-West Oxford is one of 527 places listed for Ontario, ranked 188 by population and measured at 369.6 square kilometres.

Products compared here

Each product below has its own page, and the Ontario position applies to all of them.

• Business loans: Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit.
• Instalment loans: A fixed number of fixed payments, sized larger and longer than a payday advance.

How borrowing works locally

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators. A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

Readers comparing South-West Oxford with another community can use the same four census fields.

South-West Oxford appears in the census record with 7,583 residents, and the density of 20.5 people per square kilometre follows from it.

The land area recorded for South-West Oxford is 369.6 square kilometres, and the population is 7,583 residents in the 2021 Census.

The South-West Oxford page follows the same structure as every other place page, with population, land area, density and rank.

South-West Oxford ranks 188 by 2021 Census population among the covered places in Ontario.

At 7,583 residents in the 2021 Census, South-West Oxford is listed alongside the other covered places in Ontario.

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

The density figure for South-West Oxford, 20.5 people per square kilometre, is calculated from the population and land area above.

Where a figure for South-West Oxford could not be verified, the page names the publisher instead of printing a number.

South-West Oxford sits at rank 188 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

South-West Oxford is one of 527 covered Ontario places, counted at 7,583 residents with a land area of 369.6 square kilometres.

For South-West Oxford, 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).

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