Borrowing in Pays Plat 51, Ontario

Pays Plat 51 is one of the Ontario communities covered here, with a 2021 Census population of 100, and borrowing there is licensed under Ontario's consumer credit rules.

Products compared here

Two of the 20 covered products appear below, each with the purpose the product is designed for.

• 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.

How borrowing works locally

A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender.

Joint applications combine two incomes and two sets of obligations in the same assessment. Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists.

The Ontario rules that apply

Consumer lending in Ontario 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.

The federal Payday Lending Regulations (SOR/2024-114) list Ontario among the provinces that regulate payday lending, where the federal Payday Lending Regulations (SOR/2024-114) cap the cost of borrowing at $14 per $100 advanced.

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 Pays Plat 51

Statistics Canada's 2021 Census gives Pays Plat 51 a population of 100. Statistics Canada lists 2.0 square kilometres of land for the community.

That gives a density of 49.3 people per square kilometre, rounded to one decimal place.

Its provincial population rank is 527 within this data set.

Pays Plat 51 is one of 527 places listed for Ontario, ranked 527 by population and measured at 2.0 square kilometres.

Pays Plat 51 ranks 527 by 2021 Census population among the covered places in Ontario.

Pays Plat 51 is one of 527 covered Ontario places, counted at 100 residents with a land area of 2.0 square kilometres.

Pays Plat 51 appears in the census record with 100 residents, and the density of 49.3 people per square kilometre follows from it.

Readers comparing Pays Plat 51 with another community can use the same four census fields.

Where a figure for Pays Plat 51 could not be verified, the page names the publisher instead of printing a number.

For Pays Plat 51, the two census fields above are the only local statistics used anywhere on the page.

The land area recorded for Pays Plat 51 is 2.0 square kilometres, and the population is 100 residents in the 2021 Census.

The density figure for Pays Plat 51, 49.3 people per square kilometre, is calculated from the population and land area above.

Nothing on the Pays Plat 51 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

The Pays Plat 51 page follows the same structure as every other place page, with population, land area, density and rank.

Pays Plat 51 sits at rank 527 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.

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.