Borrowing in Pense, Saskatchewan

With 603 residents counted in the 2021 Census, Pense sits inside Saskatchewan's provincial lending framework.

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.

The census figures for Pense

In the 2021 Census, Pense had 603 residents. Land area for Pense is 1.3 square kilometres in the same census.

Dividing population by land area gives 456.8 residents per square kilometre, rounded to one decimal place.

The community is the 246th largest place in the province within this census set.

Pense sits at rank 246 among the 733 Saskatchewan places here, with 603 residents in the 2021 Census.

Products compared here

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

• 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.

How borrowing works locally

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists. A longer amortisation lowers each payment and raises the total interest paid over the life of the loan.

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

Pense sits at rank 246 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

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

The land area recorded for Pense is 1.3 square kilometres, and the population is 603 residents in the 2021 Census.

At 603 residents in the 2021 Census, Pense is listed alongside the other covered places in Saskatchewan.

The density figure for Pense, 456.8 people per square kilometre, is calculated from the population and land area above.

Pense appears in the census record with 603 residents, and the density of 456.8 people per square kilometre follows from it.

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

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

Pense ranks 246 by 2021 Census population among the covered places in Saskatchewan.

Pense is one of 733 covered Saskatchewan places, counted at 603 residents with a land area of 1.3 square kilometres.

The Pense 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.

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).

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.