Borrowing in Paynton No. 470, Saskatchewan

Paynton No. 470 is one of the Saskatchewan communities covered here, with a 2021 Census population of 238, and borrowing there is licensed under Saskatchewan's consumer credit rules.

The census figures for Paynton No. 470

Statistics Canada's 2021 Census gives Paynton No. 470 a population of 238. Land area for Paynton No. 470 is 588.6 square kilometres in the same census.

Dividing population by land area gives 0.4 residents per square kilometre, rounded to one decimal place.

The community is the 556th largest place in the province within this census set.

Compared with the other 733 covered Saskatchewan places, Paynton No. 470 ranks 556 by population.

Products compared here

Two of the 20 covered products appear below, each with the purpose the product is designed for.

• Debt consolidation loans: Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps.
• Personal loans: A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept.

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, 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 in Saskatchewan, which the federal Payday Lending Regulations (SOR/2024-114) list as a province that regulates the product.

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

How borrowing works locally

A broker arranges credit but does not lend, and the lender remains the party that makes the decision.

Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation. A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments.

Readers comparing Paynton No. 470 with another community can use the same four census fields.

The density figure for Paynton No. 470, 0.4 people per square kilometre, is calculated from the population and land area above.

Paynton No. 470 sits at rank 556 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

Paynton No. 470 is one of 733 covered Saskatchewan places, counted at 238 residents with a land area of 588.6 square kilometres.

Where a figure for Paynton No. 470 could not be verified, the page names the publisher instead of printing a number.

The land area recorded for Paynton No. 470 is 588.6 square kilometres, and the population is 238 residents in the 2021 Census.

At 238 residents in the 2021 Census, Paynton No. 470 is listed alongside the other covered places in Saskatchewan.

Paynton No. 470 ranks 556 by 2021 Census population among the covered places in Saskatchewan.

For Paynton No. 470, the two census fields above are the only local statistics used anywhere on the page.

Nothing on the Paynton No. 470 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Paynton No. 470 appears in the census record with 238 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.

Census figures are from Statistics Canada's 2021 Census of Population, and the payday position is taken from the federal Payday Lending Regulations (SOR/2024-114).

Nothing here is an offer, and no page on this site can tell anyone what a lender will decide.