Borrowing in Chatsworth, Ontario

Chatsworth is one of the Ontario communities covered here, with a 2021 Census population of 7,080, and borrowing there is licensed under Ontario's consumer credit rules.

The census figures for Chatsworth

Chatsworth recorded a population of 7,080 in Statistics Canada's 2021 Census of Population. The census records a land area of 594.4 square kilometres for Chatsworth.

On those two figures, density is 11.9 residents per square kilometre when rounded to one decimal place.

Its provincial population rank is 203 within this data set.

Chatsworth sits at rank 203 among the 527 Ontario places here, with 7,080 residents in the 2021 Census.

Products compared here

Each product below has its own page, and the Ontario position applies to all of them.

• 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 Ontario rules that apply

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

The federal Payday Lending Regulations (SOR/2024-114) count Ontario among the provinces with payday lending rules, where the published maximum cost of borrowing is $14 per $100 advanced under SOR/2024-114.

The lower-middle band covers towns of moderate size, none of which sets its own lending rules.

How borrowing works locally

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.

A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached. A longer amortisation lowers each payment and raises the total interest paid over the life of the loan.

At 7,080 residents in the 2021 Census, Chatsworth is listed alongside the other covered places in Ontario.

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

Chatsworth is one of 527 covered Ontario places, counted at 7,080 residents with a land area of 594.4 square kilometres.

Chatsworth appears in the census record with 7,080 residents, and the density of 11.9 people per square kilometre follows from it.

The density figure for Chatsworth, 11.9 people per square kilometre, is calculated from the population and land area above.

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

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

Chatsworth sits at rank 203 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

The land area recorded for Chatsworth is 594.4 square kilometres, and the population is 7,080 residents in the 2021 Census.

Chatsworth ranks 203 by 2021 Census population among the covered places in Ontario.

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

loanmoose.ca is not a lender and does not make credit decisions. The lowest rates are only available to the most qualified applicants.

The 2021 Census of Population published by Statistics Canada is the source for population and land area; the federal Payday Lending Regulations (SOR/2024-114) are the source for payday rules.

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