Borrowing in Tudor and Cashel, Ontario

Tudor and Cashel, Ontario, recorded a population of 740 in the 2021 Census; the rules that govern a loan signed there are provincial.

The census figures for Tudor and Cashel

The 2021 Census counted 740 residents in Tudor and Cashel. The community covers 433.3 square kilometres of land.

The arithmetic gives 1.7 people per square kilometre.

The community is the 392nd largest place in the province within this census set.

Tudor and Cashel therefore appears at rank 392 of 527 covered Ontario places, with a density of 1.7 people per square kilometre.

The Ontario rules that apply

The regulator for consumer credit in Ontario is the body listed by the federal Payday Lending Regulations (SOR/2024-114) provincial and territorial regulators.

Payday lending is licensed in Ontario; the federal Payday Lending Regulations (SOR/2024-114) publish a cap of $14 per $100 advanced, and notes that a province may set a lower figure.

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 lender is free to set its own price below the legal ceiling, and it does so according to the risk it reads in the file.

A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent. Payment history is reported to credit agencies, and that record is what builds or damages a credit file over time.

Products compared here

Among the 20 products compared here, these two are commonly used for the purposes described.

• Business lines of credit: A revolving operating limit for a business, and why it behaves differently from a term loan.
• Collateral loans: Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.

The land area recorded for Tudor and Cashel is 433.3 square kilometres, and the population is 740 residents in the 2021 Census.

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

Tudor and Cashel appears in the census record with 740 residents, and the density of 1.7 people per square kilometre follows from it.

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

The density figure for Tudor and Cashel, 1.7 people per square kilometre, is calculated from the population and land area above.

Readers comparing Tudor and Cashel with another community can use the same four census fields.

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

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

Tudor and Cashel sits at rank 392 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

Tudor and Cashel ranks 392 by 2021 Census population among the covered places in Ontario.

At 740 residents in the 2021 Census, Tudor and Cashel is listed alongside the other covered places in Ontario.

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.