Borrowing in Meota, Saskatchewan

With 325 residents counted in the 2021 Census, Meota sits inside Saskatchewan's provincial lending framework.

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.

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

The census figures for Meota

The 2021 Census counted 325 residents in Meota. Land area for Meota is 1.6 square kilometres in the same census.

On those two figures, density is 201.9 residents per square kilometre when rounded to one decimal place.

By population it ranks 458 among the Saskatchewan places covered here.

Compared with the other 733 covered Saskatchewan places, Meota ranks 458 by population.

Products compared here

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

• Bad credit loans: Borrowing when the credit file is damaged, and what changes about price and security as a result.
• Home equity loans: Converting property equity into credit, and the difference between a lump sum and a revolving limit.

How borrowing works locally

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

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. Joint applications combine two incomes and two sets of obligations in the same assessment.

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

Meota ranks 458 by 2021 Census population among the covered places in Saskatchewan.

The land area recorded for Meota is 1.6 square kilometres, and the population is 325 residents in the 2021 Census.

Meota appears in the census record with 325 residents, and the density of 201.9 people per square kilometre follows from it.

The density figure for Meota, 201.9 people per square kilometre, is calculated from the population and land area above.

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

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

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

Meota is one of 733 covered Saskatchewan places, counted at 325 residents with a land area of 1.6 square kilometres.

Meota sits at rank 458 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

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

At 325 residents in the 2021 Census, Meota is listed alongside the other covered places in Saskatchewan.

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 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.