Borrowing in Grand Falls-Windsor, Newfoundland and Labrador

Grand Falls-Windsor is one of the Newfoundland and Labrador places covered here, with 13,853 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

The census figures for Grand Falls-Windsor

Statistics Canada's 2021 Census gives Grand Falls-Windsor a population of 13,853. The community covers 54.8 square kilometres of land.

Population divided by land area produces a density of 252.6 people per square kilometre.

Grand Falls-Windsor ranks 6 by population among the Newfoundland and Labrador places on this site.

Grand Falls-Windsor sits at rank 6 among the 322 Newfoundland and Labrador places here, with 13,853 residents in the 2021 Census.

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.

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.

The lower-middle band covers towns of moderate size, none of which sets its own lending rules.

How borrowing works locally

A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one.

A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes. A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender.

Products compared here

Each product below has its own page, and the Newfoundland and Labrador position applies to all of them.

• Unsecured loans: Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone.
• Business loans: Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit.

The land area recorded for Grand Falls-Windsor is 54.8 square kilometres, and the population is 13,853 residents in the 2021 Census.

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

For Grand Falls-Windsor, the two census fields above are the only local statistics used anywhere on the page.

Grand Falls-Windsor ranks 6 by 2021 Census population among the covered places in Newfoundland and Labrador.

Readers comparing Grand Falls-Windsor with another community can use the same four census fields.

Grand Falls-Windsor is one of 322 covered Newfoundland and Labrador places, counted at 13,853 residents with a land area of 54.8 square kilometres.

Where a figure for Grand Falls-Windsor could not be verified, the page names the publisher instead of printing a number.

The Grand Falls-Windsor page follows the same structure as every other place page, with population, land area, density and rank.

At 13,853 residents in the 2021 Census, Grand Falls-Windsor is listed alongside the other covered places in Newfoundland and Labrador.

The density figure for Grand Falls-Windsor, 252.6 people per square kilometre, is calculated from the population and land area above.

Grand Falls-Windsor appears in the census record with 13,853 residents, and the density of 252.6 people per square kilometre follows from it.

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.