Borrowing in Silverwood No. 123, Saskatchewan

Silverwood No. 123 is one of the Saskatchewan communities covered here, with a 2021 Census population of 355, and borrowing there is licensed under Saskatchewan's consumer credit rules.

How borrowing works locally

Payment history is reported to credit agencies, and that record is what builds or damages a credit file over time.

Interest on a line of credit accrues only on the drawn portion, not on the unused limit. A broker arranges credit but does not lend, and the lender remains the party that makes the decision.

Products compared here

These are two of the 20 products described on the site, and each has a national page as well as the provincial rules.

• Emergency loans: Money for an urgent expense, and the order in which a sensible borrower works through the options.
• Unsecured loans: Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone.

The census figures for Silverwood No. 123

Population for Silverwood No. 123 stands at 355 in the 2021 Census. Land area for Silverwood No. 123 is 828.0 square kilometres in the same census.

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

Silverwood No. 123 ranks 422 by population among the Saskatchewan places on this site.

Silverwood No. 123 is one of 733 places listed for Saskatchewan, ranked 422 by population and measured at 828.0 square kilometres.

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.

A payday advance in Saskatchewan falls under a provincial licensing regime, and the cost of borrowing is capped 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 according to the federal Payday Lending Regulations (SOR/2024-114).

Places in the smallest population band are grouped here as small communities, and the pages carry the same census fields and the same provincial rules as the largest city.

The land area recorded for Silverwood No. 123 is 828.0 square kilometres, and the population is 355 residents in the 2021 Census.

For Silverwood No. 123, the two census fields above are the only local statistics used anywhere on the page.

The density figure for Silverwood No. 123, 0.4 people per square kilometre, is calculated from the population and land area above.

At 355 residents in the 2021 Census, Silverwood No. 123 is listed alongside the other covered places in Saskatchewan.

Silverwood No. 123 ranks 422 by 2021 Census population among the covered places in Saskatchewan.

Nothing on the Silverwood No. 123 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Silverwood No. 123 sits at rank 422 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

The Silverwood No. 123 page follows the same structure as every other place page, with population, land area, density and rank.

Readers comparing Silverwood No. 123 with another community can use the same four census fields.

Silverwood No. 123 is one of 733 covered Saskatchewan places, counted at 355 residents with a land area of 828.0 square kilometres.

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).

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