Borrowing in Avonlea, Saskatchewan

With 411 residents counted in the 2021 Census, Avonlea sits inside Saskatchewan's provincial lending framework.

The Saskatchewan rules that apply

Consumer lending in Saskatchewan 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.

Payday lending is licensed in Saskatchewan; the federal Payday Lending Regulations (SOR/2024-114) publish a cap of $14 per $100 under the federal limit (this province's own published limit is $17 per $100 advanced, the top of the range the Regulations describe) advanced, and notes that a province may set a lower figure.

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

The census figures for Avonlea

Population for Avonlea stands at 411 in the 2021 Census. 1.3 square kilometres of land are attributed to Avonlea.

The arithmetic gives 316.2 people per square kilometre.

The 2021 Census population places it at rank 361 in the province.

The place record for Avonlea covers 1.3 square kilometres and 411 residents, a density of 316.2 people per square kilometre.

Products compared here

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

• 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

A lender is free to set its own price below the legal ceiling, and it does so according to the risk it reads in the file.

An application usually asks for identification, income evidence, banking details and a statement of obligations. A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

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

At 411 residents in the 2021 Census, Avonlea is listed alongside the other covered places in Saskatchewan.

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

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

Avonlea ranks 361 by 2021 Census population among the covered places in Saskatchewan.

The density figure for Avonlea, 316.2 people per square kilometre, is calculated from the population and land area above.

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

Avonlea is one of 733 covered Saskatchewan places, counted at 411 residents with a land area of 1.3 square kilometres.

Avonlea sits at rank 361 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

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

The land area recorded for Avonlea is 1.3 square kilometres, and the population is 411 residents in the 2021 Census.

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.