Borrowing in Leroy, Saskatchewan

With 510 residents counted in the 2021 Census, Leroy sits inside Saskatchewan's provincial lending framework.

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, cap the cost of borrowing at $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 in Saskatchewan, which the federal Payday Lending Regulations (SOR/2024-114) list as a province that regulates the product.

At the small end of the census range, the community still borrows inside the province's licensing system.

How borrowing works locally

A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached.

A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments. Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term.

The census figures for Leroy

510 people were counted in Leroy in the 2021 Census. Land area for Leroy is 2.1 square kilometres in the same census.

The arithmetic gives 241.7 people per square kilometre.

The 2021 Census population places it at rank 295 in the province.

Leroy therefore appears at rank 295 of 733 covered Saskatchewan places, with a density of 241.7 people per square kilometre.

Products compared here

Among the 20 products compared here, these two are commonly used for the purposes described.

• Instalment loans: A fixed number of fixed payments, sized larger and longer than a payday advance.
• Secured loans: Borrowing against an asset, which lowers the price but puts the asset at risk if you default.

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

Leroy sits at rank 295 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

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

Leroy appears in the census record with 510 residents, and the density of 241.7 people per square kilometre follows from it.

The density figure for Leroy, 241.7 people per square kilometre, is calculated from the population and land area above.

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

At 510 residents in the 2021 Census, Leroy is listed alongside the other covered places in Saskatchewan.

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

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

Leroy ranks 295 by 2021 Census population among the covered places in Saskatchewan.

The land area recorded for Leroy is 2.1 square kilometres, and the population is 510 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.

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).

The same structure is used for every place covered, so two communities can be compared field by field: population, land area, density, rank, and the provincial rules.