Borrowing in Shoal Lake 28A, Saskatchewan

Shoal Lake 28A, Saskatchewan, recorded a population of 613 in the 2021 Census; the rules that govern a loan signed there are provincial.

The census figures for Shoal Lake 28A

613 people were counted in Shoal Lake 28A in the 2021 Census. The community covers 14.1 square kilometres of land.

Dividing population by land area gives 43.4 residents per square kilometre, rounded to one decimal place.

The community is the 238th largest place in the province within this census set.

Compared with the other 733 covered Saskatchewan places, Shoal Lake 28A ranks 238 by population.

Products compared here

Each product below has its own page, and the Saskatchewan position applies to all of them.

• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.
• Home renovation loans: Paying for work on a property, from a small unsecured instalment loan to a secured renovation product.

The Saskatchewan rules that apply

The regulator for consumer credit in Saskatchewan is the body listed by the federal Payday Lending Regulations (SOR/2024-114) 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.

Communities of this size are listed here with population, land area and density, and the lending rules remain provincial.

How borrowing works locally

Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation.

Interest on a line of credit accrues only on the drawn portion, not on the unused limit. A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

Shoal Lake 28A ranks 238 by 2021 Census population among the covered places in Saskatchewan.

Nothing on the Shoal Lake 28A page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Where a figure for Shoal Lake 28A could not be verified, the page names the publisher instead of printing a number.

Readers comparing Shoal Lake 28A with another community can use the same four census fields.

Shoal Lake 28A appears in the census record with 613 residents, and the density of 43.4 people per square kilometre follows from it.

The land area recorded for Shoal Lake 28A is 14.1 square kilometres, and the population is 613 residents in the 2021 Census.

For Shoal Lake 28A, the two census fields above are the only local statistics used anywhere on the page.

The Shoal Lake 28A page follows the same structure as every other place page, with population, land area, density and rank.

At 613 residents in the 2021 Census, Shoal Lake 28A is listed alongside the other covered places in Saskatchewan.

The density figure for Shoal Lake 28A, 43.4 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.

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).

The provincial rules apply wherever a borrower is in Saskatchewan; a municipal boundary does not change them.