Borrowing in Eldon No. 471, Saskatchewan

Eldon No. 471, Saskatchewan, recorded a population of 700 in the 2021 Census; the rules that govern a loan signed there are provincial.

The Saskatchewan rules that apply

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

In Saskatchewan, payday lending operates under a licensed provincial regime, and the federal Payday Lending Regulations (SOR/2024-114) record a maximum cost of borrowing of $14 for each $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 under SOR/2024-114.

The lowest band groups villages, rural municipalities and small towns, all read against the same provincial rulebook.

How borrowing works locally

Interest on a line of credit accrues only on the drawn portion, not on the unused limit.

A longer amortisation lowers each payment and raises the total interest paid over the life of the loan. A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

The census figures for Eldon No. 471

In the 2021 Census, Eldon No. 471 had 700 residents. Its land area is 991.1 square kilometres.

Population divided by land area produces a density of 0.7 people per square kilometre.

Its provincial population rank is 198 within this data set.

Within Saskatchewan, Eldon No. 471 is place number 198 by population in this census set, at 700 residents.

Products compared here

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

• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.
• Home renovation loans: Paying for work on a property, from a small unsecured instalment loan to a secured renovation product.

Eldon No. 471 ranks 198 by 2021 Census population among the covered places in Saskatchewan.

Eldon No. 471 is one of 733 covered Saskatchewan places, counted at 700 residents with a land area of 991.1 square kilometres.

Readers comparing Eldon No. 471 with another community can use the same four census fields.

The density figure for Eldon No. 471, 0.7 people per square kilometre, is calculated from the population and land area above.

For Eldon No. 471, the two census fields above are the only local statistics used anywhere on the page.

Where a figure for Eldon No. 471 could not be verified, the page names the publisher instead of printing a number.

At 700 residents in the 2021 Census, Eldon No. 471 is listed alongside the other covered places in Saskatchewan.

Eldon No. 471 sits at rank 198 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

The Eldon No. 471 page follows the same structure as every other place page, with population, land area, density and rank.

The land area recorded for Eldon No. 471 is 991.1 square kilometres, and the population is 700 residents in the 2021 Census.

Eldon No. 471 appears in the census record with 700 residents, and the density of 0.7 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.