Borrowing in Burlington, Newfoundland and Labrador

With 304 residents counted in the 2021 Census, Burlington sits inside Newfoundland and Labrador's provincial lending framework.

How borrowing works locally

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes. A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

Products compared here

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

• Emergency loans: Money for an urgent expense, and the order in which a sensible borrower works through the options.
• Unsecured loans: Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone.

The census figures for Burlington

Statistics Canada's 2021 Census gives Burlington a population of 304. Statistics Canada lists 4.1 square kilometres of land for the community.

The calculated density is 74.3 people per square kilometre.

Its provincial population rank is 219 within this data set.

Burlington sits at rank 219 among the 322 Newfoundland and Labrador places here, with 304 residents in the 2021 Census.

The Newfoundland and Labrador rules that apply

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

In Newfoundland and Labrador, payday lending operates under a licensed provincial regime, and the federal Payday Lending Regulations (SOR/2024-114) record a maximum cost of borrowing of $14 for each $100 advanced under SOR/2024-114.

This is a small community by population, inside the lowest band used on this site, and the provincial framework applies without variation.

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

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

At 304 residents in the 2021 Census, Burlington is listed alongside the other covered places in Newfoundland and Labrador.

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

Burlington appears in the census record with 304 residents, and the density of 74.3 people per square kilometre follows from it.

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

Burlington sits at rank 219 within Newfoundland and Labrador in this data set, and the provincial rules apply as they do elsewhere.

The land area recorded for Burlington is 4.1 square kilometres, and the population is 304 residents in the 2021 Census.

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

Burlington ranks 219 by 2021 Census population among the covered places in Newfoundland and Labrador.

The density figure for Burlington, 74.3 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.

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.

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.