Borrowing in Lake Lenore, Saskatchewan

Lake Lenore is one of the Saskatchewan communities covered here, with a 2021 Census population of 289, and borrowing there is licensed under Saskatchewan's consumer credit rules.

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.

The federal Payday Lending Regulations (SOR/2024-114) list Saskatchewan among the provinces that regulate payday lending, where the federal Payday Lending Regulations (SOR/2024-114) cap the cost of borrowing at $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.

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 credit file is compiled by private agencies from information lenders and other creditors report.

A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent. Joint applications combine two incomes and two sets of obligations in the same assessment.

The census figures for Lake Lenore

289 people were counted in Lake Lenore in the 2021 Census. The census records a land area of 1.0 square kilometres for Lake Lenore.

Dividing population by land area gives 297.9 residents per square kilometre, rounded to one decimal place.

Its provincial population rank is 492 within this data set.

Compared with the other 733 covered Saskatchewan places, Lake Lenore ranks 492 by population.

Products compared here

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

• 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.

Lake Lenore sits at rank 492 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

Lake Lenore appears in the census record with 289 residents, and the density of 297.9 people per square kilometre follows from it.

At 289 residents in the 2021 Census, Lake Lenore is listed alongside the other covered places in Saskatchewan.

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

The density figure for Lake Lenore, 297.9 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Lake Lenore is 1.0 square kilometres, and the population is 289 residents in the 2021 Census.

Lake Lenore is one of 733 covered Saskatchewan places, counted at 289 residents with a land area of 1.0 square kilometres.

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

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

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

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

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).

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