Borrowing in Medstead No. 497, Saskatchewan

A loan taken out in Medstead No. 497 is governed by Saskatchewan's licensing rules, and the 2021 Census counted 489 people in the community.

Products compared here

The product pages behind this city cover the following borrowing categories, among the 20 products compared nationally.

• 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.

How borrowing works locally

Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation.

Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists. A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

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) list Saskatchewan among the provinces that regulate payday lending, where 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.

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

The census figures for Medstead No. 497

489 people were counted in Medstead No. 497 in the 2021 Census. 1195.1 square kilometres of land are attributed to Medstead No. 497.

Dividing population by land area gives 0.4 residents per square kilometre, rounded to one decimal place.

Its provincial population rank is 310 within this data set.

Compared with the other 733 covered Saskatchewan places, Medstead No. 497 ranks 310 by population.

The land area recorded for Medstead No. 497 is 1195.1 square kilometres, and the population is 489 residents in the 2021 Census.

Medstead No. 497 ranks 310 by 2021 Census population among the covered places in Saskatchewan.

At 489 residents in the 2021 Census, Medstead No. 497 is listed alongside the other covered places in Saskatchewan.

Medstead No. 497 appears in the census record with 489 residents, and the density of 0.4 people per square kilometre follows from it.

Medstead No. 497 sits at rank 310 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

Medstead No. 497 is one of 733 covered Saskatchewan places, counted at 489 residents with a land area of 1195.1 square kilometres.

The density figure for Medstead No. 497, 0.4 people per square kilometre, is calculated from the population and land area above.

The Medstead No. 497 page follows the same structure as every other place page, with population, land area, density and rank.

Readers comparing Medstead No. 497 with another community can use the same four census fields.

For Medstead No. 497, the two census fields above are the only local statistics used anywhere on the page.

Where a figure for Medstead No. 497 could not be verified, the page names the publisher instead of printing a number.

Nothing on the Medstead No. 497 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

loanmoose.ca is not a lender and does not make credit decisions. The lowest rates are only available to the most qualified applicants.

The 2021 Census of Population published by Statistics Canada is the source for population and land area; the federal Payday Lending Regulations (SOR/2024-114) are the source for payday rules.

Lending rules change, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position is confirmed.