Borrowing in Lewin's Cove, Newfoundland and Labrador

Lewin's Cove, Newfoundland and Labrador, recorded a population of 546 in the 2021 Census; the rules that govern a loan signed there are provincial.

The census figures for Lewin's Cove

The 2021 Census counted 546 residents in Lewin's Cove. Land area for Lewin's Cove is 6.3 square kilometres in the same census.

On those two figures, density is 86.3 residents per square kilometre when rounded to one decimal place.

Its provincial population rank is 143 within this data set.

Within Newfoundland and Labrador, Lewin's Cove is place number 143 by population in this census set, at 546 residents.

Products compared here

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

• Collateral loans: Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.
• Car loans: Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit.

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.

Payday lending is licensed in Newfoundland and Labrador; the federal Payday Lending Regulations (SOR/2024-114) publish a cap of $14 per $100 advanced, and notes that a province may set a lower figure.

This is a small community by population, inside the lowest band used on this site, and the provincial framework applies without variation.

How borrowing works locally

Debt management plans are administered by accredited credit counsellors, and they are not loans.

Joint applications combine two incomes and two sets of obligations in the same assessment. A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

Where a figure for Lewin's Cove could not be verified, the page names the publisher instead of printing a number.

At 546 residents in the 2021 Census, Lewin's Cove is listed alongside the other covered places in Newfoundland and Labrador.

For Lewin's Cove, the two census fields above are the only local statistics used anywhere on the page.

Readers comparing Lewin's Cove with another community can use the same four census fields.

Lewin's Cove appears in the census record with 546 residents, and the density of 86.3 people per square kilometre follows from it.

The density figure for Lewin's Cove, 86.3 people per square kilometre, is calculated from the population and land area above.

Lewin's Cove ranks 143 by 2021 Census population among the covered places in Newfoundland and Labrador.

Lewin's Cove is one of 322 covered Newfoundland and Labrador places, counted at 546 residents with a land area of 6.3 square kilometres.

The land area recorded for Lewin's Cove is 6.3 square kilometres, and the population is 546 residents in the 2021 Census.

Lewin's Cove sits at rank 143 within Newfoundland and Labrador in this data set, and the provincial rules apply as they do elsewhere.

The Lewin's Cove page follows the same structure as every other place page, with population, land area, density and rank.

Nothing on the Lewin's Cove 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).

Lending rules change, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position is confirmed.