Compare loans

Borrowing in Division No. 8, Subd. P, Newfoundland and Labrador

Population 297, land area 379.2 square kilometres: the census facts for Division No. 8, Subd. P, plus how consumer credit is regulated in Newfoundland and Labrador.

Province Newfoundland and Labrador (NL)
Population, 2021 Census 297
Land area 379.2 km²
Provincial regulator See the FCAC list

A loan taken out in Division No. 8, Subd. P is governed by Newfoundland and Labrador's licensing rules, and the 2021 Census counted 297 people in the community.

The census figures for Division No. 8, Subd. P

Population for Division No. 8, Subd. P stands at 297 in the 2021 Census. The census records a land area of 379.2 square kilometres for Division No. 8, Subd. P.

The arithmetic gives 0.8 people per square kilometre.

The 2021 Census population places it at rank 221 in the province.

Division No. 8, Subd. P therefore appears at rank 221 of 322 covered Newfoundland and Labrador places, with a density of 0.8 people per square kilometre.

Products compared here

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

  • Debt consolidation loans: Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps.
  • Personal loans: A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept.

The Newfoundland and Labrador rules that apply

Consumer lending in Newfoundland and Labrador 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 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.

Places in the smallest population band are grouped here as small communities, and the pages carry the same census fields and the same provincial rules as the largest city.

How borrowing works locally

A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments.

A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one. Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists.

Division No. 8, Subd. P is one of 322 covered Newfoundland and Labrador places, counted at 297 residents with a land area of 379.2 square kilometres.

Division No. 8, Subd. P ranks 221 by 2021 Census population among the covered places in Newfoundland and Labrador.

Division No. 8, Subd. P sits at rank 221 within Newfoundland and Labrador in this data set, and the provincial rules apply as they do elsewhere.

Division No. 8, Subd. P appears in the census record with 297 residents, and the density of 0.8 people per square kilometre follows from it.

Nothing on the Division No. 8, Subd. P page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Where a figure for Division No. 8, Subd. P could not be verified, the page names the publisher instead of printing a number.

The density figure for Division No. 8, Subd. P, 0.8 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Division No. 8, Subd. P is 379.2 square kilometres, and the population is 297 residents in the 2021 Census.

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).

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

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

Borrowing in Division No. 8, Subd. P

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.

Nearby places

St. John's 110,525 Conception Bay South 27,168 Paradise 22,957 Mount Pearl 22,477 Corner Brook 19,333 Grand Falls-Windsor 13,853

Frequently asked questions

Related

Compare loan offers

Compare options from Canadian lending partners. We are not a lender and we do not make credit decisions.

See partner options

Advertising disclosure: loanmoose.ca may receive a referral fee if you continue through a partner link. That fee does not change the rate you are offered and it does not change what we publish. We are not a lender. Read the full disclosure.