Borrowing in Tillsonburg, Ontario

This page covers borrowing in Tillsonburg, Ontario: the census facts, the provincial rules, and the products people compare.

Products compared here

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

• Unsecured loans: Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone.
• Business loans: Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit.

How borrowing works locally

A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

Debt management plans are administered by accredited credit counsellors, and they are not loans. An application usually asks for identification, income evidence, banking details and a statement of obligations.

The Ontario rules that apply

Provincial or territorial law decides who may lend in Ontario, and the Financial Consumer Agency of Canada publishes the list that names the regulator responsible.

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.

Size changes the census figures, not the rules; this community falls in the lower-middle band.

The census figures for Tillsonburg

Population for Tillsonburg stands at 18,615 in the 2021 Census. The community covers 22.2 square kilometres of land.

The arithmetic gives 838.5 people per square kilometre.

The 2021 Census population places it at rank 94 in the province.

Compared with the other 527 covered Ontario places, Tillsonburg ranks 94 by population.

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

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

The land area recorded for Tillsonburg is 22.2 square kilometres, and the population is 18,615 residents in the 2021 Census.

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

At 18,615 residents in the 2021 Census, Tillsonburg is listed alongside the other covered places in Ontario.

Tillsonburg sits at rank 94 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

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

The density figure for Tillsonburg, 838.5 people per square kilometre, is calculated from the population and land area above.

Tillsonburg appears in the census record with 18,615 residents, and the density of 838.5 people per square kilometre follows from it.

Tillsonburg ranks 94 by 2021 Census population among the covered places in Ontario.

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

Tillsonburg is one of 527 covered Ontario places, counted at 18,615 residents with a land area of 22.2 square kilometres.

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).

Compare the disclosure on any agreement against the provincial ceiling, and treat the census figures as the only local statistics on the page.