Borrowing in Hughes Brook, Newfoundland and Labrador

Hughes Brook, Newfoundland and Labrador, recorded a population of 236 in the 2021 Census; the rules that govern a loan signed there are provincial.

How borrowing works locally

A lender may ask for proof of address, and a permanent address is a standard requirement for consumer credit.

A mortgage is registered against the property, which is what gives the lender its claim. A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

Products compared here

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

• Car loans: Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit.
• Debt consolidation loans: Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps.

The census figures for Hughes Brook

In the 2021 Census, Hughes Brook had 236 residents. Its land area is 1.6 square kilometres.

The arithmetic gives 151.3 people per square kilometre.

By population it ranks 249 among the Newfoundland and Labrador places covered here.

Hughes Brook therefore appears at rank 249 of 322 covered Newfoundland and Labrador places, with a density of 151.3 people per square kilometre.

The Newfoundland and Labrador rules that apply

Licensing for consumer credit in Newfoundland and Labrador sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public 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).

The lowest band groups villages, rural municipalities and small towns, all read against the same provincial rulebook.

Hughes Brook sits at rank 249 within Newfoundland and Labrador in this data set, and the provincial rules apply as they do elsewhere.

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

At 236 residents in the 2021 Census, Hughes Brook is listed alongside the other covered places in Newfoundland and Labrador.

The density figure for Hughes Brook, 151.3 people per square kilometre, is calculated from the population and land area above.

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

The land area recorded for Hughes Brook is 1.6 square kilometres, and the population is 236 residents in the 2021 Census.

Hughes Brook is one of 322 covered Newfoundland and Labrador places, counted at 236 residents with a land area of 1.6 square kilometres.

Hughes Brook appears in the census record with 236 residents, and the density of 151.3 people per square kilometre follows from it.

Hughes Brook ranks 249 by 2021 Census population among the covered places in Newfoundland and Labrador.

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

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

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

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

Statistics Canada's 2021 Census of Population supplies the population and land-area figures, and the federal Payday Lending Regulations (SOR/2024-114) supply the payday position.

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