Borrowing in Souris Valley No. 7, Saskatchewan

Souris Valley No. 7 is one of the Saskatchewan communities covered here, with a 2021 Census population of 220, and borrowing there is licensed under Saskatchewan's consumer credit rules.

The Saskatchewan rules that apply

Consumer lending in Saskatchewan is licensed provincially or territorially, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position appears.

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.

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

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

A credit file is compiled by private agencies from information lenders and other creditors report. A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes.

The census figures for Souris Valley No. 7

Statistics Canada's 2021 Census gives Souris Valley No. 7 a population of 220. The census records a land area of 804.5 square kilometres for Souris Valley No. 7.

Population divided by land area produces a density of 0.3 people per square kilometre.

Souris Valley No. 7 ranks 573 by population among the Saskatchewan places on this site.

The place record for Souris Valley No. 7 covers 804.5 square kilometres and 220 residents, a density of 0.3 people per square kilometre.

Products compared here

The site describes 20 products in total; the two below are representative of the range.

• Car loans: Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit.
• Debt consolidation loans: Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps.

The Souris Valley No. 7 page follows the same structure as every other place page, with population, land area, density and rank.

Readers comparing Souris Valley No. 7 with another community can use the same four census fields.

The density figure for Souris Valley No. 7, 0.3 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Souris Valley No. 7 is 804.5 square kilometres, and the population is 220 residents in the 2021 Census.

Nothing on the Souris Valley No. 7 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Souris Valley No. 7 sits at rank 573 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

Souris Valley No. 7 is one of 733 covered Saskatchewan places, counted at 220 residents with a land area of 804.5 square kilometres.

Souris Valley No. 7 ranks 573 by 2021 Census population among the covered places in Saskatchewan.

Souris Valley No. 7 appears in the census record with 220 residents, and the density of 0.3 people per square kilometre follows from it.

For Souris Valley No. 7, the two census fields above are the only local statistics used anywhere on the page.

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).

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