Borrowing in Perry, Ontario

Perry is one of the Ontario places covered here, with 2,650 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

The Ontario rules that apply

The body that licenses consumer lending in Ontario is the regulator named on the federal Payday Lending Regulations (SOR/2024-114)'s list of provincial and territorial regulators.

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.

Small places are covered the same way as large ones: census figures for the place, and the provincial position on lending.

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.

Interest on a line of credit accrues only on the drawn portion, not on the unused limit. A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

The census figures for Perry

Population for Perry stands at 2,650 in the 2021 Census. The census records a land area of 186.3 square kilometres for Perry.

On those two figures, density is 14.2 residents per square kilometre when rounded to one decimal place.

The community is the 289th largest place in the province within this census set.

Perry therefore appears at rank 289 of 527 covered Ontario places, with a density of 14.2 people per square kilometre.

Products compared here

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

• Collateral loans: Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.
• Car loans: Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit.

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

The land area recorded for Perry is 186.3 square kilometres, and the population is 2,650 residents in the 2021 Census.

Perry appears in the census record with 2,650 residents, and the density of 14.2 people per square kilometre follows from it.

At 2,650 residents in the 2021 Census, Perry is listed alongside the other covered places in Ontario.

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

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

Perry ranks 289 by 2021 Census population among the covered places in Ontario.

Perry is one of 527 covered Ontario places, counted at 2,650 residents with a land area of 186.3 square kilometres.

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

The density figure for Perry, 14.2 people per square kilometre, is calculated from the population and land area above.

Perry sits at rank 289 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

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

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.