Borrowing in South River, Newfoundland and Labrador

South River is one of the Newfoundland and Labrador communities covered here, with a 2021 Census population of 674, and borrowing there is licensed under Newfoundland and Labrador's consumer credit rules.

The census figures for South River

In the 2021 Census, South River had 674 residents. Land area for South River is 6.0 square kilometres in the same census.

Population divided by land area produces a density of 112.9 people per square kilometre.

By population it ranks 113 among the Newfoundland and Labrador places covered here.

South River sits at rank 113 among the 322 Newfoundland and Labrador places here, with 674 residents in the 2021 Census.

Products compared here

The product pages behind this city cover the following borrowing categories, among the 20 products compared nationally.

• 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

The regulator for consumer credit in Newfoundland and Labrador is the body listed by the federal Payday Lending Regulations (SOR/2024-114) provincial and territorial regulators.

The federal Payday Lending Regulations (SOR/2024-114) count Newfoundland and Labrador among the provinces with payday lending rules, where the published maximum cost of borrowing is $14 per $100 advanced under SOR/2024-114.

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

How borrowing works locally

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

A lender is free to set its own price below the legal ceiling, and it does so according to the risk it reads in the file. Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term.

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

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

The density figure for South River, 112.9 people per square kilometre, is calculated from the population and land area above.

South River is one of 322 covered Newfoundland and Labrador places, counted at 674 residents with a land area of 6.0 square kilometres.

South River sits at rank 113 within Newfoundland and Labrador in this data set, and the provincial rules apply as they do elsewhere.

South River appears in the census record with 674 residents, and the density of 112.9 people per square kilometre follows from it.

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

South River ranks 113 by 2021 Census population among the covered places in Newfoundland and Labrador.

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

The land area recorded for South River is 6.0 square kilometres, and the population is 674 residents in the 2021 Census.

At 674 residents in the 2021 Census, South River is listed alongside the other covered places in Newfoundland and Labrador.

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).

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