Borrowing in Stratford, Ontario

Stratford is one of the Ontario communities covered here, with a 2021 Census population of 33,232, and borrowing there is licensed under Ontario's consumer credit rules.

The census figures for Stratford

Stratford recorded a population of 33,232 in Statistics Canada's 2021 Census of Population. Land area for Stratford is 30.0 square kilometres in the same census.

Population divided by land area produces a density of 1107.0 people per square kilometre.

The community is the 58th largest place in the province within this census set.

Stratford sits at rank 58 among the 527 Ontario places here, with 33,232 residents in the 2021 Census.

Products compared here

These are two of the 20 products described on the site, and each has a national page as well as the provincial rules.

• Business lines of credit: A revolving operating limit for a business, and why it behaves differently from a term loan.
• Collateral loans: Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.

The Ontario rules that apply

Consumer lending in Ontario is licensed provincially or territorially, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position appears.

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.

This is a mid-sized community in the middle band, which the site treats with the same provincial rulebook.

How borrowing works locally

A broker arranges credit but does not lend, and the lender remains the party that makes the decision.

A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached. A longer amortisation lowers each payment and raises the total interest paid over the life of the loan.

Stratford sits at rank 58 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

Stratford appears in the census record with 33,232 residents, and the density of 1107.0 people per square kilometre follows from it.

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

The density figure for Stratford, 1107.0 people per square kilometre, is calculated from the population and land area above.

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

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

Stratford is one of 527 covered Ontario places, counted at 33,232 residents with a land area of 30.0 square kilometres.

The land area recorded for Stratford is 30.0 square kilometres, and the population is 33,232 residents in the 2021 Census.

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

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

At 33,232 residents in the 2021 Census, Stratford is listed alongside the other covered places in Ontario.

Stratford ranks 58 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).

Nothing here is an offer, and no page on this site can tell anyone what a lender will decide.