Borrowing in Paynton, Saskatchewan

Paynton, Saskatchewan, recorded a population of 120 in the 2021 Census; the rules that govern a loan signed there are provincial.

Products compared here

Among the 20 products compared here, these two are commonly used for the purposes described.

• 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.

How borrowing works locally

A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached.

A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments. A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one.

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.

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

The census figures for Paynton

The 2021 Census counted 120 residents in Paynton. Its land area is 0.8 square kilometres.

On those two figures, density is 146.3 residents per square kilometre when rounded to one decimal place.

The community is the 707th largest place in the province within this census set.

Within Saskatchewan, Paynton is place number 707 by population in this census set, at 120 residents.

Paynton is one of 733 covered Saskatchewan places, counted at 120 residents with a land area of 0.8 square kilometres.

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

Paynton sits at rank 707 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

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

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

At 120 residents in the 2021 Census, Paynton is listed alongside the other covered places in Saskatchewan.

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

The land area recorded for Paynton is 0.8 square kilometres, and the population is 120 residents in the 2021 Census.

Paynton ranks 707 by 2021 Census population among the covered places in Saskatchewan.

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

The density figure for Paynton, 146.3 people per square kilometre, is calculated from the population and land area above.

loanmoose.ca is not a lender and does not make credit decisions. The lowest rates are only available to the most qualified applicants.

Statistics Canada's 2021 Census of Population supplies the population and land-area figures, and the federal Payday Lending Regulations (SOR/2024-114) supply the payday position.

The same structure is used for every place covered, so two communities can be compared field by field: population, land area, density, rank, and the provincial rules.