Borrowing in Good Lake No. 274, Saskatchewan

Good Lake No. 274 is one of the Saskatchewan communities covered here, with a 2021 Census population of 930, and borrowing there is licensed under Saskatchewan's consumer credit rules.

The Saskatchewan rules that apply

Licensing for consumer credit in Saskatchewan sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public list of provincial and territorial regulators.

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

This is a small community by population, inside the lowest band used on this site, and the provincial framework applies without variation.

The census figures for Good Lake No. 274

930 people were counted in Good Lake No. 274 in the 2021 Census. Its land area is 773.5 square kilometres.

Dividing population by land area gives 1.2 residents per square kilometre, rounded to one decimal place.

Its provincial population rank is 139 within this data set.

Good Lake No. 274 therefore appears at rank 139 of 733 covered Saskatchewan places, with a density of 1.2 people per square kilometre.

Products compared here

Two of the 20 covered products appear below, each with the purpose the product is designed for.

• Collateral loans: Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.
• Car loans: Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit.

How borrowing works locally

A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes.

Joint applications combine two incomes and two sets of obligations in the same assessment. Payment history is reported to credit agencies, and that record is what builds or damages a credit file over time.

Readers comparing Good Lake No. 274 with another community can use the same four census fields.

The density figure for Good Lake No. 274, 1.2 people per square kilometre, is calculated from the population and land area above.

Good Lake No. 274 appears in the census record with 930 residents, and the density of 1.2 people per square kilometre follows from it.

The Good Lake No. 274 page follows the same structure as every other place page, with population, land area, density and rank.

Nothing on the Good Lake No. 274 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Where a figure for Good Lake No. 274 could not be verified, the page names the publisher instead of printing a number.

Good Lake No. 274 sits at rank 139 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

Good Lake No. 274 ranks 139 by 2021 Census population among the covered places in Saskatchewan.

At 930 residents in the 2021 Census, Good Lake No. 274 is listed alongside the other covered places in Saskatchewan.

For Good Lake No. 274, the two census fields above are the only local statistics used anywhere on the page.

The land area recorded for Good Lake No. 274 is 773.5 square kilometres, and the population is 930 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.

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