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Borrowing in Grenfell, Saskatchewan

How borrowing works in Grenfell, Saskatchewan, where the 2021 Census counted 1,059 residents.

Province Saskatchewan (SK)
Population, 2021 Census 1,059
Land area 3.1 km²
Provincial regulator See the FCAC list

Grenfell is one of the Saskatchewan places covered here, with 1,059 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

The Saskatchewan rules that apply

Provincial or territorial law decides who may lend in Saskatchewan, and the Financial Consumer Agency of Canada publishes the list that names the regulator responsible.

In Saskatchewan, payday lending operates under a licensed provincial regime, and the federal Payday Lending Regulations (SOR/2024-114) record a maximum cost of borrowing of $14 for each $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.

Communities of this size are listed here with population, land area and density, and the lending rules remain provincial.

How borrowing works locally

A longer amortisation lowers each payment and raises the total interest paid over the life of the loan.

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

The census figures for Grenfell

Statistics Canada's 2021 Census gives Grenfell a population of 1,059. The census records a land area of 3.1 square kilometres for Grenfell.

Dividing population by land area gives 337.3 residents per square kilometre, rounded to one decimal place.

Grenfell ranks 113 by population among the Saskatchewan places on this site.

Grenfell sits at rank 113 among the 733 Saskatchewan places here, with 1,059 residents in the 2021 Census.

Products compared here

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

  • Car loans: Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit.
  • Debt consolidation loans: Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps.

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

Grenfell appears in the census record with 1,059 residents, and the density of 337.3 people per square kilometre follows from it.

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

Grenfell sits at rank 113 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

At 1,059 residents in the 2021 Census, Grenfell is listed alongside the other covered places in Saskatchewan.

The density figure for Grenfell, 337.3 people per square kilometre, is calculated from the population and land area above.

Grenfell ranks 113 by 2021 Census population among the covered places in Saskatchewan.

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

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

The land area recorded for Grenfell is 3.1 square kilometres, and the population is 1,059 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.

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).

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

Population and land area: Statistics Canada, Census of Population 2021, table 98-10-0002.

Borrowing in Grenfell

Personal loans A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept. Bad credit loans Borrowing when the credit file is damaged, and what changes about price and security as a result. No credit check loans What lenders who advertise without a credit check actually look at instead, and where the cost goes. Lines of credit A revolving limit you draw on and repay, usually paying interest only on what is outstanding. Unsecured loans Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone. Secured loans Borrowing against an asset, which lowers the price but puts the asset at risk if you default. Car loans Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit. Mortgage loans Borrowing against residential property, including how a federally regulated lender tests the file. Home equity loans Converting property equity into credit, and the difference between a lump sum and a revolving limit. Mortgage refinancing Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs. Home renovation loans Paying for work on a property, from a small unsecured instalment loan to a secured renovation product. Business loans Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit. Business lines of credit A revolving operating limit for a business, and why it behaves differently from a term loan. Debt consolidation loans Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps. Debt relief programs The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them. Payday loans Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit. Cash advance loans Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance. Emergency loans Money for an urgent expense, and the order in which a sensible borrower works through the options. Instalment loans A fixed number of fixed payments, sized larger and longer than a payday advance. Collateral loans Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.

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