Borrowing in Lord's Cove, Newfoundland and Labrador

A loan taken out in Lord's Cove is governed by Newfoundland and Labrador's licensing rules, and the 2021 Census counted 155 people in the community.

The census figures for Lord's Cove

In the 2021 Census, Lord's Cove had 155 residents. Land area for Lord's Cove is 29.9 square kilometres in the same census.

The arithmetic gives 5.2 people per square kilometre.

Among covered Newfoundland and Labrador places, Lord's Cove sits at rank 292 by population.

The place record for Lord's Cove covers 29.9 square kilometres and 155 residents, a density of 5.2 people per square kilometre.

Products compared here

These are two of the 20 products described on the site, and each has a national page as well as the provincial rules.

• 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

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.

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.

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

How borrowing works locally

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

Payment history is reported to credit agencies, and that record is what builds or damages a credit file over time. Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists.

The density figure for Lord's Cove, 5.2 people per square kilometre, is calculated from the population and land area above.

Lord's Cove appears in the census record with 155 residents, and the density of 5.2 people per square kilometre follows from it.

Lord's Cove ranks 292 by 2021 Census population among the covered places in Newfoundland and Labrador.

Lord's Cove is one of 322 covered Newfoundland and Labrador places, counted at 155 residents with a land area of 29.9 square kilometres.

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

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

At 155 residents in the 2021 Census, Lord's Cove is listed alongside the other covered places in Newfoundland and Labrador.

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

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

Readers comparing Lord's Cove 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.

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).

The same structure is used for every place covered, so two communities can be compared field by field: population, land area, density, rank, and the provincial rules.