Borrowing in Brent's Cove, Newfoundland and Labrador

With 119 residents counted in the 2021 Census, Brent's Cove sits inside Newfoundland and Labrador's provincial lending framework.

The census figures for Brent's Cove

The 2021 Census counted 119 residents in Brent's Cove. 1.0 square kilometres of land are attributed to Brent's Cove.

That gives a density of 116.7 people per square kilometre, rounded to one decimal place.

Among covered Newfoundland and Labrador places, Brent's Cove sits at rank 308 by population.

Brent's Cove therefore appears at rank 308 of 322 covered Newfoundland and Labrador places, with a density of 116.7 people per square kilometre.

The Newfoundland and Labrador rules that apply

The regulator for consumer credit in Newfoundland and Labrador is the body listed by the federal Payday Lending Regulations (SOR/2024-114) provincial and territorial regulators.

The federal Payday Lending Regulations (SOR/2024-114) list Newfoundland and Labrador 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 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

Debt management plans are administered by accredited credit counsellors, and they are not loans.

A lender may ask for proof of address, and a permanent address is a standard requirement for consumer credit. Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term.

Products compared here

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

• Home equity loans: Converting property equity into credit, and the difference between a lump sum and a revolving limit.
• Payday loans: Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit.

Brent's Cove appears in the census record with 119 residents, and the density of 116.7 people per square kilometre follows from it.

Where a figure for Brent's Cove could not be verified, the page names the publisher instead of printing a number.

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

The density figure for Brent's Cove, 116.7 people per square kilometre, is calculated from the population and land area above.

Brent's Cove sits at rank 308 within Newfoundland and Labrador in this data set, and the provincial rules apply as they do elsewhere.

Brent's Cove is one of 322 covered Newfoundland and Labrador places, counted at 119 residents with a land area of 1.0 square kilometres.

The Brent's Cove page follows the same structure as every other place page, with population, land area, density and rank.

For Brent's Cove, the two census fields above are the only local statistics used anywhere on the page.

Readers comparing Brent's Cove with another community can use the same four census fields.

Brent's Cove ranks 308 by 2021 Census population among the covered places in Newfoundland and Labrador.

At 119 residents in the 2021 Census, Brent's Cove is listed alongside the other covered places in Newfoundland and Labrador.

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 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.