Borrowing in Stephenville Crossing, Newfoundland and Labrador

Stephenville Crossing, Newfoundland and Labrador, recorded a population of 1,634 in the 2021 Census; the rules that govern a loan signed there are provincial.

The census figures for Stephenville Crossing

Population for Stephenville Crossing stands at 1,634 in the 2021 Census. Land area for Stephenville Crossing is 31.1 square kilometres in the same census.

The calculated density is 52.6 people per square kilometre.

The community is the 53rd largest place in the province within this census set.

The place record for Stephenville Crossing covers 31.1 square kilometres and 1,634 residents, a density of 52.6 people per square kilometre.

Products compared here

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

• 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

Consumer lending in Newfoundland and Labrador is licensed provincially or territorially, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position appears.

In Newfoundland and Labrador, payday lending operates under a licensed provincial regime, and the federal Payday Lending Regulations (SOR/2024-114) record a maximum cost of borrowing of $14 for each $100 advanced under SOR/2024-114.

Communities of this size are listed here with population, land area and density, and the lending rules remain provincial.

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 longer amortisation lowers each payment and raises the total interest paid over the life of the loan. A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments.

Stephenville Crossing ranks 53 by 2021 Census population among the covered places in Newfoundland and Labrador.

Stephenville Crossing sits at rank 53 within Newfoundland and Labrador in this data set, and the provincial rules apply as they do elsewhere.

The density figure for Stephenville Crossing, 52.6 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Stephenville Crossing is 31.1 square kilometres, and the population is 1,634 residents in the 2021 Census.

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

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

Stephenville Crossing appears in the census record with 1,634 residents, and the density of 52.6 people per square kilometre follows from it.

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

Stephenville Crossing is one of 322 covered Newfoundland and Labrador places, counted at 1,634 residents with a land area of 31.1 square kilometres.

Readers comparing Stephenville Crossing with another community can use the same four census fields.

At 1,634 residents in the 2021 Census, Stephenville Crossing 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.

The 2021 Census of Population published by Statistics Canada is the source for population and land area; the federal Payday Lending Regulations (SOR/2024-114) are the source for payday rules.

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