Borrowing in Roddickton-Bide Arm, Newfoundland and Labrador

Roddickton-Bide Arm is one of the Newfoundland and Labrador communities covered here, with a 2021 Census population of 928, and borrowing there is licensed under Newfoundland and Labrador's consumer credit rules.

The census figures for Roddickton-Bide Arm

Roddickton-Bide Arm recorded a population of 928 in Statistics Canada's 2021 Census of Population. Its land area is 45.1 square kilometres.

Population divided by land area produces a density of 20.6 people per square kilometre.

Roddickton-Bide Arm ranks 85 by population among the Newfoundland and Labrador places on this site.

The place record for Roddickton-Bide Arm covers 45.1 square kilometres and 928 residents, a density of 20.6 people per square kilometre.

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.

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

Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation.

A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached. Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term.

Products compared here

Two of the 20 covered products appear below, each with the purpose the product is designed for.

• Payday loans: Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit.
• No credit check loans: What lenders who advertise without a credit check actually look at instead, and where the cost goes.

Roddickton-Bide Arm ranks 85 by 2021 Census population among the covered places in Newfoundland and Labrador.

Roddickton-Bide Arm is one of 322 covered Newfoundland and Labrador places, counted at 928 residents with a land area of 45.1 square kilometres.

The land area recorded for Roddickton-Bide Arm is 45.1 square kilometres, and the population is 928 residents in the 2021 Census.

Roddickton-Bide Arm sits at rank 85 within Newfoundland and Labrador in this data set, and the provincial rules apply as they do elsewhere.

The Roddickton-Bide Arm page follows the same structure as every other place page, with population, land area, density and rank.

Roddickton-Bide Arm appears in the census record with 928 residents, and the density of 20.6 people per square kilometre follows from it.

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

At 928 residents in the 2021 Census, Roddickton-Bide Arm is listed alongside the other covered places in Newfoundland and Labrador.

The density figure for Roddickton-Bide Arm, 20.6 people per square kilometre, is calculated from the population and land area above.

Readers comparing Roddickton-Bide Arm with another community can use the same four census fields.

For Roddickton-Bide Arm, the two census fields above are the only local statistics used anywhere on the page.

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.