Borrowing in Star City, Saskatchewan

With 374 residents counted in the 2021 Census, Star City sits inside Saskatchewan's provincial lending framework.

The Saskatchewan rules that apply

Provincial or territorial law decides who may lend in Saskatchewan, and the Financial Consumer Agency of Canada publishes the list that names the regulator responsible.

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.

Small places are covered the same way as large ones: census figures for the place, and the provincial position on lending.

How borrowing works locally

A mortgage is registered against the property, which is what gives the lender its claim.

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term. A lender is free to set its own price below the legal ceiling, and it does so according to the risk it reads in the file.

The census figures for Star City

Statistics Canada's 2021 Census gives Star City a population of 374. Land area for Star City is 0.7 square kilometres in the same census.

Dividing population by land area gives 534.3 residents per square kilometre, rounded to one decimal place.

The 2021 Census population places it at rank 395 in the province.

Compared with the other 733 covered Saskatchewan places, Star City ranks 395 by population.

Products compared here

Two of the 20 covered products appear below, each with the purpose the product is designed for.

• 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.

Star City is one of 733 covered Saskatchewan places, counted at 374 residents with a land area of 0.7 square kilometres.

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

Star City appears in the census record with 374 residents, and the density of 534.3 people per square kilometre follows from it.

The density figure for Star City, 534.3 people per square kilometre, is calculated from the population and land area above.

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

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

At 374 residents in the 2021 Census, Star City is listed alongside the other covered places in Saskatchewan.

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

The land area recorded for Star City is 0.7 square kilometres, and the population is 374 residents in the 2021 Census.

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

Star City sits at rank 395 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

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

The 2021 Census of Population published by Statistics Canada is the source for population and land area; the federal Payday Lending Regulations (SOR/2024-114) are the source for payday rules.

Compare the disclosure on any agreement against the provincial ceiling, and treat the census figures as the only local statistics on the page.