Borrowing in Deseronto, Ontario

Deseronto is one of the Ontario communities covered here, with a 2021 Census population of 1,747, and borrowing there is licensed under Ontario's consumer credit rules.

How borrowing works locally

A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists. Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

Products compared here

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

• Mortgage refinancing: Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs.
• Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.

The census figures for Deseronto

The 2021 Census counted 1,747 residents in Deseronto. The community covers 2.5 square kilometres of land.

Dividing population by land area gives 693.3 residents per square kilometre, rounded to one decimal place.

By population it ranks 316 among the Ontario places covered here.

Deseronto therefore appears at rank 316 of 527 covered Ontario places, with a density of 693.3 people per square kilometre.

The Ontario rules that apply

Licensing for consumer credit in Ontario sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public list of provincial and territorial regulators.

The federal payday lending regulations, SOR/2024-114, cap the cost of borrowing at $14 per $100 advanced in Ontario, which the federal Payday Lending Regulations (SOR/2024-114) list as a province that regulates the product.

The lowest band groups villages, rural municipalities and small towns, all read against the same provincial rulebook.

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

At 1,747 residents in the 2021 Census, Deseronto is listed alongside the other covered places in Ontario.

Deseronto is one of 527 covered Ontario places, counted at 1,747 residents with a land area of 2.5 square kilometres.

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

Deseronto ranks 316 by 2021 Census population among the covered places in Ontario.

The land area recorded for Deseronto is 2.5 square kilometres, and the population is 1,747 residents in the 2021 Census.

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

Deseronto appears in the census record with 1,747 residents, and the density of 693.3 people per square kilometre follows from it.

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

The density figure for Deseronto, 693.3 people per square kilometre, is calculated from the population and land area above.

Deseronto sits at rank 316 within Ontario 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).

Nothing here is an offer, and no page on this site can tell anyone what a lender will decide.