Borrowing in McLean, Saskatchewan

A loan taken out in McLean is governed by Saskatchewan's licensing rules, and the 2021 Census counted 392 people in the community.

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.

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.

At the small end of the census range, the community still borrows inside the province's licensing system.

How borrowing works locally

A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one.

A broker arranges credit but does not lend, and the lender remains the party that makes the decision. A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached.

The census figures for McLean

Statistics Canada's 2021 Census gives McLean a population of 392. Land area for McLean is 1.3 square kilometres in the same census.

Population divided by land area produces a density of 297.0 people per square kilometre.

McLean ranks 377 by population among the Saskatchewan places on this site.

McLean therefore appears at rank 377 of 733 covered Saskatchewan places, with a density of 297.0 people per square kilometre.

Products compared here

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

• No credit check loans: What lenders who advertise without a credit check actually look at instead, and where the cost goes.
• Mortgage refinancing: Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs.

The density figure for McLean, 297.0 people per square kilometre, is calculated from the population and land area above.

McLean sits at rank 377 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

McLean appears in the census record with 392 residents, and the density of 297.0 people per square kilometre follows from it.

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

McLean ranks 377 by 2021 Census population among the covered places in Saskatchewan.

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

At 392 residents in the 2021 Census, McLean is listed alongside the other covered places in Saskatchewan.

The land area recorded for McLean is 1.3 square kilometres, and the population is 392 residents in the 2021 Census.

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

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

McLean is one of 733 covered Saskatchewan places, counted at 392 residents with a land area of 1.3 square kilometres.

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

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.