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Borrowing in Coteau No. 255, Saskatchewan

A guide to borrowing in Coteau No. 255, Saskatchewan, with the 2021 Census population of 401 and the provincial rules that apply locally.

Province Saskatchewan (SK)
Population, 2021 Census 401
Land area 895.7 km²
Provincial regulator See the FCAC list

A loan taken out in Coteau No. 255 is governed by Saskatchewan's licensing rules, and the 2021 Census counted 401 people in the community.

How borrowing works locally

A mortgage is registered against the property, which is what gives the lender its claim.

A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent. A broker arranges credit but does not lend, and the lender remains the party that makes the decision.

Products compared here

These are two of the 20 products described on the site, and each has a national page as well as the provincial rules.

  • Bad credit loans: Borrowing when the credit file is damaged, and what changes about price and security as a result.
  • Home equity loans: Converting property equity into credit, and the difference between a lump sum and a revolving limit.

The census figures for Coteau No. 255

Statistics Canada's 2021 Census gives Coteau No. 255 a population of 401. The community covers 895.7 square kilometres of land.

The arithmetic gives 0.4 people per square kilometre.

Its provincial population rank is 369 within this data set.

Coteau No. 255 therefore appears at rank 369 of 733 covered Saskatchewan places, with a density of 0.4 people per square kilometre.

The Saskatchewan rules that apply

Consumer lending in Saskatchewan is licensed provincially or territorially, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position appears.

Payday lending is licensed in Saskatchewan; the federal Payday Lending Regulations (SOR/2024-114) publish a cap of $14 per $100 under the federal limit (this province's own published limit is $17 per $100 advanced, the top of the range the Regulations describe) advanced, and notes that a province may set a lower figure.

This is a small community by population, inside the lowest band used on this site, and the provincial framework applies without variation.

The density figure for Coteau No. 255, 0.4 people per square kilometre, is calculated from the population and land area above.

Where a figure for Coteau No. 255 could not be verified, the page names the publisher instead of printing a number.

At 401 residents in the 2021 Census, Coteau No. 255 is listed alongside the other covered places in Saskatchewan.

Nothing on the Coteau No. 255 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

For Coteau No. 255, the two census fields above are the only local statistics used anywhere on the page.

Coteau No. 255 is one of 733 covered Saskatchewan places, counted at 401 residents with a land area of 895.7 square kilometres.

The Coteau No. 255 page follows the same structure as every other place page, with population, land area, density and rank.

Coteau No. 255 ranks 369 by 2021 Census population among the covered places in Saskatchewan.

Readers comparing Coteau No. 255 with another community can use the same four census fields.

The land area recorded for Coteau No. 255 is 895.7 square kilometres, and the population is 401 residents in the 2021 Census.

Coteau No. 255 appears in the census record with 401 residents, and the density of 0.4 people per square kilometre follows from it.

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

The 2021 Census of Population published by Statistics Canada is the source for population and land area; the federal Payday Lending Regulations (SOR/2024-114) are the source for payday rules.

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

Population and land area: Statistics Canada, Census of Population 2021, table 98-10-0002.

Borrowing in Coteau No. 255

Personal loans A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept. Bad credit loans Borrowing when the credit file is damaged, and what changes about price and security as a result. No credit check loans What lenders who advertise without a credit check actually look at instead, and where the cost goes. Lines of credit A revolving limit you draw on and repay, usually paying interest only on what is outstanding. Unsecured loans Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone. Secured loans Borrowing against an asset, which lowers the price but puts the asset at risk if you default. Car loans Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit. Mortgage loans Borrowing against residential property, including how a federally regulated lender tests the file. Home equity loans Converting property equity into credit, and the difference between a lump sum and a revolving limit. Mortgage refinancing Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs. Home renovation loans Paying for work on a property, from a small unsecured instalment loan to a secured renovation product. Business loans Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit. Business lines of credit A revolving operating limit for a business, and why it behaves differently from a term loan. Debt consolidation loans Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps. Debt relief programs The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them. Payday loans Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit. Cash advance loans Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance. Emergency loans Money for an urgent expense, and the order in which a sensible borrower works through the options. Instalment loans A fixed number of fixed payments, sized larger and longer than a payday advance. Collateral loans Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.

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