Borrowing in Coaticook, Quebec

Coaticook, Quebec, recorded a population of 8,867 in the 2021 Census; the rules that govern a loan signed there are provincial.

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.

• No credit check loans: What lenders who advertise without a credit check actually look at instead, and where the cost goes.
• Mortgage refinancing: Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs.

How borrowing works locally

A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached.

A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments. A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

The Quebec rules that apply

Licensing for consumer credit in Quebec 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) are explicit that Quebec does not license payday lending, which changes which rules a short-term advance falls under.

Municipalities of this size are grouped together here, with the province setting the licensing position for all of them.

The census figures for Coaticook

The 2021 Census counted 8,867 residents in Coaticook. The census records a land area of 219.4 square kilometres for Coaticook.

That gives a density of 40.4 people per square kilometre, rounded to one decimal place.

Among covered Quebec places, Coaticook sits at rank 119 by population.

Coaticook therefore appears at rank 119 of 1150 covered Quebec places, with a density of 40.4 people per square kilometre.

The density figure for Coaticook, 40.4 people per square kilometre, is calculated from the population and land area above.

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

Coaticook sits at rank 119 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

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

Coaticook is one of 1150 covered Quebec places, counted at 8,867 residents with a land area of 219.4 square kilometres.

Coaticook appears in the census record with 8,867 residents, and the density of 40.4 people per square kilometre follows from it.

Coaticook ranks 119 by 2021 Census population among the covered places in Quebec.

At 8,867 residents in the 2021 Census, Coaticook is listed alongside the other covered places in Quebec.

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

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

Readers comparing Coaticook 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.

Population and land area figures come from Statistics Canada's 2021 Census of Population; regulatory statements are attributed to the federal Payday Lending Regulations (SOR/2024-114).

Nothing here is an offer, and no page on this site can tell anyone what a lender will decide.