Borrowing in La Vallee, Ontario

A loan taken out in La Vallee is governed by Ontario's licensing rules, and the 2021 Census counted 788 people in the community.

The census figures for La Vallee

La Vallee recorded a population of 788 in Statistics Canada's 2021 Census of Population. Its land area is 237.1 square kilometres.

Population divided by land area produces a density of 3.3 people per square kilometre.

The community is the 380th largest place in the province within this census set.

La Vallee sits at rank 380 among the 527 Ontario places here, with 788 residents in the 2021 Census.

The Ontario rules that apply

Licensing for consumer credit in Ontario sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public list of provincial and territorial regulators.

Payday lending is licensed in Ontario; 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.

Small places are covered the same way as large ones: census figures for the place, and the provincial position on lending.

How borrowing works locally

A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one.

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

Products compared here

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

• Home renovation loans: Paying for work on a property, from a small unsecured instalment loan to a secured renovation product.
• Emergency loans: Money for an urgent expense, and the order in which a sensible borrower works through the options.

The land area recorded for La Vallee is 237.1 square kilometres, and the population is 788 residents in the 2021 Census.

La Vallee sits at rank 380 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

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

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

La Vallee ranks 380 by 2021 Census population among the covered places in Ontario.

At 788 residents in the 2021 Census, La Vallee is listed alongside the other covered places in Ontario.

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

La Vallee is one of 527 covered Ontario places, counted at 788 residents with a land area of 237.1 square kilometres.

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

The density figure for La Vallee, 3.3 people per square kilometre, is calculated from the population and land area above.

Readers comparing La Vallee with another community can use the same four census fields.

La Vallee appears in the census record with 788 residents, and the density of 3.3 people per square kilometre follows from it.

loanmoose.ca is not a lender and does not make credit decisions. The lowest rates are only available to the most qualified applicants.

Statistics Canada's 2021 Census of Population supplies the population and land-area figures, and the federal Payday Lending Regulations (SOR/2024-114) supply the payday position.

The provincial rules apply wherever a borrower is in Ontario; a municipal boundary does not change them.