Borrowing in Montrose No. 315, Saskatchewan

A loan taken out in Montrose No. 315 is governed by Saskatchewan's licensing rules, and the 2021 Census counted 647 people in the community.

The census figures for Montrose No. 315

The 2021 Census counted 647 residents in Montrose No. 315. Its land area is 897.6 square kilometres.

The calculated density is 0.7 people per square kilometre.

Among covered Saskatchewan places, Montrose No. 315 sits at rank 219 by population.

Compared with the other 733 covered Saskatchewan places, Montrose No. 315 ranks 219 by population.

Products compared here

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

• Payday loans: Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit.
• No credit check loans: What lenders who advertise without a credit check actually look at instead, and where the cost goes.

The Saskatchewan rules that apply

Consumer lending in Saskatchewan is licensed provincially or territorially, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position appears.

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.

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

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.

A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments. A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

Montrose No. 315 ranks 219 by 2021 Census population among the covered places in Saskatchewan.

At 647 residents in the 2021 Census, Montrose No. 315 is listed alongside the other covered places in Saskatchewan.

Montrose No. 315 appears in the census record with 647 residents, and the density of 0.7 people per square kilometre follows from it.

Montrose No. 315 sits at rank 219 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

For Montrose No. 315, the two census fields above are the only local statistics used anywhere on the page.

Nothing on the Montrose No. 315 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Where a figure for Montrose No. 315 could not be verified, the page names the publisher instead of printing a number.

The density figure for Montrose No. 315, 0.7 people per square kilometre, is calculated from the population and land area above.

The Montrose No. 315 page follows the same structure as every other place page, with population, land area, density and rank.

Montrose No. 315 is one of 733 covered Saskatchewan places, counted at 647 residents with a land area of 897.6 square kilometres.

Readers comparing Montrose No. 315 with another community can use the same four census fields.

The land area recorded for Montrose No. 315 is 897.6 square kilometres, and the population is 647 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.

Statistics Canada's 2021 Census of Population supplies the population and land-area figures, and the federal Payday Lending Regulations (SOR/2024-114) supply the payday position.

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