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Borrowing in Division No. 1, Subd. M, Newfoundland and Labrador

Population 1,145, land area 140.0 square kilometres: the census facts for Division No. 1, Subd. M, plus how consumer credit is regulated in Newfoundland and Labrador.

Province Newfoundland and Labrador (NL)
Population, 2021 Census 1,145
Land area 140.0 km²
Provincial regulator See the FCAC list

This page covers borrowing in Division No. 1, Subd. M, Newfoundland and Labrador: the census facts, the provincial rules, and the products people compare.

The census figures for Division No. 1, Subd. M

In the 2021 Census, Division No. 1, Subd. M had 1,145 residents. 140.0 square kilometres of land are attributed to Division No. 1, Subd. M.

The arithmetic gives 8.2 people per square kilometre.

Division No. 1, Subd. M ranks 73 by population among the Newfoundland and Labrador places on this site.

The place record for Division No. 1, Subd. M covers 140.0 square kilometres and 1,145 residents, a density of 8.2 people per square kilometre.

The Newfoundland and Labrador rules that apply

The body that licenses consumer lending in Newfoundland and Labrador is the regulator named on the federal Payday Lending Regulations (SOR/2024-114)'s list of provincial and territorial regulators.

A payday advance in Newfoundland and Labrador falls under a provincial licensing regime, and the cost of borrowing is capped at $14 per $100 advanced according to the federal Payday Lending Regulations (SOR/2024-114).

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

How borrowing works locally

A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation. Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists.

Products compared here

The product pages behind this city cover the following borrowing categories, among the 20 products compared nationally.

  • Business lines of credit: A revolving operating limit for a business, and why it behaves differently from a term loan.
  • Collateral loans: Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.

The density figure for Division No. 1, Subd. M, 8.2 people per square kilometre, is calculated from the population and land area above.

Division No. 1, Subd. M sits at rank 73 within Newfoundland and Labrador in this data set, and the provincial rules apply as they do elsewhere.

Readers comparing Division No. 1, Subd. M with another community can use the same four census fields.

Division No. 1, Subd. M ranks 73 by 2021 Census population among the covered places in Newfoundland and Labrador.

At 1,145 residents in the 2021 Census, Division No. 1, Subd. M is listed alongside the other covered places in Newfoundland and Labrador.

Where a figure for Division No. 1, Subd. M could not be verified, the page names the publisher instead of printing a number.

Division No. 1, Subd. M appears in the census record with 1,145 residents, and the density of 8.2 people per square kilometre follows from it.

The Division No. 1, Subd. M page follows the same structure as every other place page, with population, land area, density and rank.

Division No. 1, Subd. M is one of 322 covered Newfoundland and Labrador places, counted at 1,145 residents with a land area of 140.0 square kilometres.

Nothing on the Division No. 1, Subd. M page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

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

Census figures are from Statistics Canada's 2021 Census of Population, and the payday position is taken from the federal Payday Lending Regulations (SOR/2024-114).

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

Population and land area: Statistics Canada, Census of Population 2021, table 98-10-0002.

Borrowing in Division No. 1, Subd. M

Personal loans A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept. Bad credit loans Borrowing when the credit file is damaged, and what changes about price and security as a result. No credit check loans What lenders who advertise without a credit check actually look at instead, and where the cost goes. Lines of credit A revolving limit you draw on and repay, usually paying interest only on what is outstanding. Unsecured loans Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone. Secured loans Borrowing against an asset, which lowers the price but puts the asset at risk if you default. Car loans Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit. Mortgage loans Borrowing against residential property, including how a federally regulated lender tests the file. Home equity loans Converting property equity into credit, and the difference between a lump sum and a revolving limit. Mortgage refinancing Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs. Home renovation loans Paying for work on a property, from a small unsecured instalment loan to a secured renovation product. Business loans Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit. Business lines of credit A revolving operating limit for a business, and why it behaves differently from a term loan. Debt consolidation loans Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps. Debt relief programs The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them. Payday loans Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit. Cash advance loans Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance. Emergency loans Money for an urgent expense, and the order in which a sensible borrower works through the options. Instalment loans A fixed number of fixed payments, sized larger and longer than a payday advance. Collateral loans Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.

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