Borrowing in Spanish, Ontario

With 670 residents counted in the 2021 Census, Spanish sits inside Ontario's provincial lending framework.

The Ontario rules that apply

The regulator for consumer credit in Ontario is the body listed by the federal Payday Lending Regulations (SOR/2024-114) provincial and territorial regulators.

The federal Payday Lending Regulations (SOR/2024-114) count Ontario among the provinces with payday lending rules, where the published maximum cost of borrowing is $14 per $100 advanced under SOR/2024-114.

The lowest band groups villages, rural municipalities and small towns, all read against the same provincial rulebook.

The census figures for Spanish

In the 2021 Census, Spanish had 670 residents. The census records a land area of 106.9 square kilometres for Spanish.

Population divided by land area produces a density of 6.3 people per square kilometre.

The 2021 Census population places it at rank 399 in the province.

Spanish sits at rank 399 among the 527 Ontario places here, with 670 residents in the 2021 Census.

Products compared here

The product pages behind this city cover the following borrowing categories, among the 20 products compared nationally.

• 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.

How borrowing works locally

Interest on a line of credit accrues only on the drawn portion, not on the unused limit.

A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached. A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one.

The land area recorded for Spanish is 106.9 square kilometres, and the population is 670 residents in the 2021 Census.

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

Spanish sits at rank 399 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

Spanish is one of 527 covered Ontario places, counted at 670 residents with a land area of 106.9 square kilometres.

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

The density figure for Spanish, 6.3 people per square kilometre, is calculated from the population and land area above.

Spanish appears in the census record with 670 residents, and the density of 6.3 people per square kilometre follows from it.

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

At 670 residents in the 2021 Census, Spanish is listed alongside the other covered places in Ontario.

Spanish ranks 399 by 2021 Census population among the covered places in Ontario.

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

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

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).

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