Borrowing in Pic Mobert North, Ontario

With 138 residents counted in the 2021 Census, Pic Mobert North sits inside Ontario's provincial lending framework.

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.

A payday advance in Ontario falls under a provincial licensing regime, and the cost of borrowing is capped at $14 per $100 advanced according to the federal Payday Lending Regulations (SOR/2024-114).

At the small end of the census range, the community still borrows inside the province's licensing system.

How borrowing works locally

A broker arranges credit but does not lend, and the lender remains the party that makes the decision.

Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term. A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached.

The census figures for Pic Mobert North

In the 2021 Census, Pic Mobert North had 138 residents. Its land area is 1.7 square kilometres.

That gives a density of 82.6 people per square kilometre, rounded to one decimal place.

The community is the 511th largest place in the province within this census set.

Pic Mobert North is one of 527 places listed for Ontario, ranked 511 by population and measured at 1.7 square kilometres.

Products compared here

The site describes 20 products in total; the two below are representative of the range.

• No credit check loans: What lenders who advertise without a credit check actually look at instead, and where the cost goes.
• Mortgage refinancing: Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs.

At 138 residents in the 2021 Census, Pic Mobert North is listed alongside the other covered places in Ontario.

Pic Mobert North is one of 527 covered Ontario places, counted at 138 residents with a land area of 1.7 square kilometres.

Pic Mobert North sits at rank 511 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

Readers comparing Pic Mobert North with another community can use the same four census fields.

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

Pic Mobert North appears in the census record with 138 residents, and the density of 82.6 people per square kilometre follows from it.

Pic Mobert North ranks 511 by 2021 Census population among the covered places in Ontario.

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

The land area recorded for Pic Mobert North is 1.7 square kilometres, and the population is 138 residents in the 2021 Census.

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

The density figure for Pic Mobert North, 82.6 people per square kilometre, is calculated from the population and land area above.

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

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

Population and land area figures come from Statistics Canada's 2021 Census of Population; regulatory statements are attributed to the federal Payday Lending Regulations (SOR/2024-114).

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.