Borrowing in Richmound, Saskatchewan

Richmound is one of the Saskatchewan communities covered here, with a 2021 Census population of 118, and borrowing there is licensed under Saskatchewan's consumer credit rules.

Products compared here

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

• Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.
• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.

How borrowing works locally

A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

Debt management plans are administered by accredited credit counsellors, and they are not loans. Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation.

The Saskatchewan rules that apply

The regulator for consumer credit in Saskatchewan is the body listed by the federal Payday Lending Regulations (SOR/2024-114) provincial and territorial regulators.

The federal Payday Lending Regulations (SOR/2024-114) count Saskatchewan among the provinces with payday lending rules, where the published maximum cost of borrowing is $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 under SOR/2024-114.

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

The census figures for Richmound

118 people were counted in Richmound in the 2021 Census. Land area for Richmound is 0.5 square kilometres in the same census.

The arithmetic gives 245.8 people per square kilometre.

The 2021 Census population places it at rank 710 in the province.

Richmound therefore appears at rank 710 of 733 covered Saskatchewan places, with a density of 245.8 people per square kilometre.

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

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

The density figure for Richmound, 245.8 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Richmound is 0.5 square kilometres, and the population is 118 residents in the 2021 Census.

Richmound sits at rank 710 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

Richmound appears in the census record with 118 residents, and the density of 245.8 people per square kilometre follows from it.

Richmound is one of 733 covered Saskatchewan places, counted at 118 residents with a land area of 0.5 square kilometres.

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

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

Richmound ranks 710 by 2021 Census population among the covered places in Saskatchewan.

At 118 residents in the 2021 Census, Richmound is listed alongside the other covered places in Saskatchewan.

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

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.