Borrowing in Lumsden No. 189, Saskatchewan

Lumsden No. 189 is one of the Saskatchewan communities covered here, with a 2021 Census population of 1,968, and borrowing there is licensed under Saskatchewan's consumer credit rules.

The Saskatchewan rules that apply

Consumer credit in Saskatchewan is licensed by the provincial or territorial regulator, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

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.

Communities of this size are listed here with population, land area and density, and the lending rules remain provincial.

How borrowing works locally

A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender.

A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached. A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one.

The census figures for Lumsden No. 189

The 2021 Census counted 1,968 residents in Lumsden No. 189. Its land area is 816.2 square kilometres.

Population divided by land area produces a density of 2.4 people per square kilometre.

The 2021 Census population places it at rank 47 in the province.

Within Saskatchewan, Lumsden No. 189 is place number 47 by population in this census set, at 1,968 residents.

Products compared here

Each product below has its own page, and the Saskatchewan position applies to all of them.

• Collateral loans: Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.
• Car loans: Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit.

Lumsden No. 189 sits at rank 47 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

The density figure for Lumsden No. 189, 2.4 people per square kilometre, is calculated from the population and land area above.

Lumsden No. 189 appears in the census record with 1,968 residents, and the density of 2.4 people per square kilometre follows from it.

Readers comparing Lumsden No. 189 with another community can use the same four census fields.

The Lumsden No. 189 page follows the same structure as every other place page, with population, land area, density and rank.

Where a figure for Lumsden No. 189 could not be verified, the page names the publisher instead of printing a number.

At 1,968 residents in the 2021 Census, Lumsden No. 189 is listed alongside the other covered places in Saskatchewan.

For Lumsden No. 189, the two census fields above are the only local statistics used anywhere on the page.

Lumsden No. 189 is one of 733 covered Saskatchewan places, counted at 1,968 residents with a land area of 816.2 square kilometres.

Nothing on the Lumsden No. 189 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

The land area recorded for Lumsden No. 189 is 816.2 square kilometres, and the population is 1,968 residents in the 2021 Census.

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.