Borrowing in Kamloops, British Columbia

Kamloops is one of the British Columbia communities covered here, with a 2021 Census population of 97,902, and borrowing there is licensed under British Columbia's consumer credit rules.

The census figures for Kamloops

Statistics Canada's 2021 Census gives Kamloops a population of 97,902. The community covers 297.9 square kilometres of land.

Population divided by land area produces a density of 328.6 people per square kilometre.

Among covered British Columbia places, Kamloops sits at rank 12 by population.

Kamloops therefore appears at rank 12 of 460 covered British Columbia places, with a density of 328.6 people per square kilometre.

Products compared here

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

• Unsecured loans: Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone.
• Business loans: Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit.

The British Columbia rules that apply

Provincial or territorial law decides who may lend in British Columbia, and the Financial Consumer Agency of Canada publishes the list that names the regulator responsible.

A payday advance in British Columbia falls under a provincial licensing regime, and the cost of borrowing is capped at $14 per $100 advanced according to the federal Payday Lending Regulations (SOR/2024-114).

Mid-sized places carry the same product list and the same provincial position as the largest city in the province.

How borrowing works locally

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

Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term. Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

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

The land area recorded for Kamloops is 297.9 square kilometres, and the population is 97,902 residents in the 2021 Census.

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

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

Kamloops appears in the census record with 97,902 residents, and the density of 328.6 people per square kilometre follows from it.

At 97,902 residents in the 2021 Census, Kamloops is listed alongside the other covered places in British Columbia.

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

The density figure for Kamloops, 328.6 people per square kilometre, is calculated from the population and land area above.

Kamloops ranks 12 by 2021 Census population among the covered places in British Columbia.

Kamloops is one of 460 covered British Columbia places, counted at 97,902 residents with a land area of 297.9 square kilometres.

Kamloops sits at rank 12 within British Columbia in this data set, and the provincial rules apply as they do elsewhere.

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).

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