Borrowing in South River, Ontario

South River is one of the Ontario places covered here, with 1,101 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

How borrowing works locally

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

A credit file is compiled by private agencies from information lenders and other creditors report. A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

Products compared here

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

• Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.
• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.

The census figures for South River

1,101 people were counted in South River in the 2021 Census. Land area for South River is 4.1 square kilometres in the same census.

The calculated density is 267.9 people per square kilometre.

South River ranks 346 by population among the Ontario places on this site.

The place record for South River covers 4.1 square kilometres and 1,101 residents, a density of 267.9 people per square kilometre.

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.

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.

Communities of this size are listed here with population, land area and density, and the lending rules remain provincial.

South River appears in the census record with 1,101 residents, and the density of 267.9 people per square kilometre follows from it.

The density figure for South River, 267.9 people per square kilometre, is calculated from the population and land area above.

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

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

The land area recorded for South River is 4.1 square kilometres, and the population is 1,101 residents in the 2021 Census.

South River is one of 527 covered Ontario places, counted at 1,101 residents with a land area of 4.1 square kilometres.

South River ranks 346 by 2021 Census population among the covered places in Ontario.

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

At 1,101 residents in the 2021 Census, South River is listed alongside the other covered places in Ontario.

South River sits at rank 346 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

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

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

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 provincial rules apply wherever a borrower is in Ontario; a municipal boundary does not change them.