Borrowing in Greenspond, Newfoundland and Labrador

Greenspond, Newfoundland and Labrador, recorded a population of 257 in the 2021 Census; the rules that govern a loan signed there are provincial.

Products compared here

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

• Home renovation loans: Paying for work on a property, from a small unsecured instalment loan to a secured renovation product.
• Emergency loans: Money for an urgent expense, and the order in which a sensible borrower works through the options.

How borrowing works locally

A longer amortisation lowers each payment and raises the total interest paid over the life of the loan.

Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term. A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes.

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.

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

The census figures for Greenspond

In the 2021 Census, Greenspond had 257 residents. Land area for Greenspond is 2.8 square kilometres in the same census.

That gives a density of 93.5 people per square kilometre, rounded to one decimal place.

Among covered Newfoundland and Labrador places, Greenspond sits at rank 238 by population.

The place record for Greenspond covers 2.8 square kilometres and 257 residents, a density of 93.5 people per square kilometre.

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

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

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

Greenspond appears in the census record with 257 residents, and the density of 93.5 people per square kilometre follows from it.

Greenspond ranks 238 by 2021 Census population among the covered places in Newfoundland and Labrador.

The land area recorded for Greenspond is 2.8 square kilometres, and the population is 257 residents in the 2021 Census.

Greenspond sits at rank 238 within Newfoundland and Labrador in this data set, and the provincial rules apply as they do elsewhere.

The density figure for Greenspond, 93.5 people per square kilometre, is calculated from the population and land area above.

At 257 residents in the 2021 Census, Greenspond is listed alongside the other covered places in Newfoundland and Labrador.

Greenspond is one of 322 covered Newfoundland and Labrador places, counted at 257 residents with a land area of 2.8 square kilometres.

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

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

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).

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