Borrowing in Prelate, Saskatchewan

Prelate is one of the Saskatchewan communities covered here, with a 2021 Census population of 116, and borrowing there is licensed under Saskatchewan's consumer credit rules.

The census figures for Prelate

The 2021 Census counted 116 residents in Prelate. Statistics Canada lists 0.8 square kilometres of land for the community.

The arithmetic gives 141.5 people per square kilometre.

Prelate ranks 713 by population among the Saskatchewan places on this site.

Prelate therefore appears at rank 713 of 733 covered Saskatchewan places, with a density of 141.5 people per square kilometre.

The Saskatchewan rules that apply

Licensing for consumer credit in Saskatchewan sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public list of provincial and territorial regulators.

The federal Payday Lending Regulations (SOR/2024-114) count Saskatchewan among the provinces with payday lending rules, where the published maximum cost of borrowing is $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 under SOR/2024-114.

Places in the smallest population band are grouped here as small communities, and the pages carry the same census fields and the same provincial rules as the largest city.

How borrowing works locally

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

Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term. A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments.

Products compared here

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

• Business loans: Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit.
• Instalment loans: A fixed number of fixed payments, sized larger and longer than a payday advance.

The density figure for Prelate, 141.5 people per square kilometre, is calculated from the population and land area above.

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

Prelate sits at rank 713 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

The land area recorded for Prelate is 0.8 square kilometres, and the population is 116 residents in the 2021 Census.

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

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

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

Prelate is one of 733 covered Saskatchewan places, counted at 116 residents with a land area of 0.8 square kilometres.

At 116 residents in the 2021 Census, Prelate is listed alongside the other covered places in Saskatchewan.

Prelate ranks 713 by 2021 Census population among the covered places in Saskatchewan.

Prelate appears in the census record with 116 residents, and the density of 141.5 people per square kilometre follows from it.

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

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.

Lending rules change, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position is confirmed.