Borrowing in Lomond No. 37, Saskatchewan

Lomond No. 37 is one of the Saskatchewan communities covered here, with a 2021 Census population of 275, and borrowing there is licensed under Saskatchewan's consumer credit rules.

The census figures for Lomond No. 37

The 2021 Census counted 275 residents in Lomond No. 37. 825.6 square kilometres of land are attributed to Lomond No. 37.

That gives a density of 0.3 people per square kilometre, rounded to one decimal place.

The 2021 Census population places it at rank 510 in the province.

Lomond No. 37 sits at rank 510 among the 733 Saskatchewan places here, with 275 residents in the 2021 Census.

The Saskatchewan rules that apply

Consumer credit in Saskatchewan is licensed by the provincial or territorial regulator, and the Financial Consumer Agency of Canada publishes the 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.

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

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.

A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent. Interest on a line of credit accrues only on the drawn portion, not on the unused limit.

Products compared here

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

• Personal loans: A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept.
• Mortgage loans: Borrowing against residential property, including how a federally regulated lender tests the file.

Lomond No. 37 is one of 733 covered Saskatchewan places, counted at 275 residents with a land area of 825.6 square kilometres.

Where a figure for Lomond No. 37 could not be verified, the page names the publisher instead of printing a number.

Lomond No. 37 sits at rank 510 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

Nothing on the Lomond No. 37 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

The Lomond No. 37 page follows the same structure as every other place page, with population, land area, density and rank.

Readers comparing Lomond No. 37 with another community can use the same four census fields.

The land area recorded for Lomond No. 37 is 825.6 square kilometres, and the population is 275 residents in the 2021 Census.

Lomond No. 37 appears in the census record with 275 residents, and the density of 0.3 people per square kilometre follows from it.

At 275 residents in the 2021 Census, Lomond No. 37 is listed alongside the other covered places in Saskatchewan.

The density figure for Lomond No. 37, 0.3 people per square kilometre, is calculated from the population and land area above.

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.