Borrowing in Hornepayne, Ontario

Hornepayne is one of the Ontario places covered here, with 968 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

Products compared here

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

• Instalment loans: A fixed number of fixed payments, sized larger and longer than a payday advance.
• Secured loans: Borrowing against an asset, which lowers the price but puts the asset at risk if you default.

How borrowing works locally

A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one.

A mortgage is registered against the property, which is what gives the lender its claim. A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

The Ontario rules that apply

Consumer credit in Ontario is licensed by the provincial or territorial regulator, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

Payday lending is licensed in Ontario; the federal Payday Lending Regulations (SOR/2024-114) publish a cap of $14 per $100 advanced, and notes that a province may set a lower figure.

This is a small community by population, inside the lowest band used on this site, and the provincial framework applies without variation.

The census figures for Hornepayne

Hornepayne recorded a population of 968 in Statistics Canada's 2021 Census of Population. The community covers 203.0 square kilometres of land.

The calculated density is 4.8 people per square kilometre.

Hornepayne ranks 365 by population among the Ontario places on this site.

Hornepayne therefore appears at rank 365 of 527 covered Ontario places, with a density of 4.8 people per square kilometre.

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

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

Hornepayne is one of 527 covered Ontario places, counted at 968 residents with a land area of 203.0 square kilometres.

The density figure for Hornepayne, 4.8 people per square kilometre, is calculated from the population and land area above.

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

Hornepayne ranks 365 by 2021 Census population among the covered places in Ontario.

Hornepayne sits at rank 365 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

The land area recorded for Hornepayne is 203.0 square kilometres, and the population is 968 residents in the 2021 Census.

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

At 968 residents in the 2021 Census, Hornepayne is listed alongside the other covered places in Ontario.

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

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

Statistics Canada's 2021 Census of Population supplies the population and land-area figures, and the federal Payday Lending Regulations (SOR/2024-114) supply the payday position.

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.