Borrowing in Fassett, Quebec

With 453 residents counted in the 2021 Census, Fassett sits inside Quebec's provincial lending framework.

The census figures for Fassett

The 2021 Census counted 453 residents in Fassett. The census records a land area of 12.5 square kilometres for Fassett.

On those two figures, density is 36.2 residents per square kilometre when rounded to one decimal place.

Among covered Quebec places, Fassett sits at rank 957 by population.

Fassett therefore appears at rank 957 of 1150 covered Quebec places, with a density of 36.2 people per square kilometre.

Products compared here

Each product below has its own page, and the Quebec position applies to all of them.

• Business loans: Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit.
• Instalment loans: A fixed number of fixed payments, sized larger and longer than a payday advance.

The Quebec rules that apply

Consumer lending in Quebec 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.

Quebec is the province that does not license payday lending, so the federal cap that applies in licensed provinces has no provincial regime to sit inside.

At the small end of the census range, the community still borrows inside the province's licensing system.

How borrowing works locally

A longer amortisation lowers each payment and raises the total interest paid over the life of the loan.

Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation. A mortgage is registered against the property, which is what gives the lender its claim.

The density figure for Fassett, 36.2 people per square kilometre, is calculated from the population and land area above.

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

The land area recorded for Fassett is 12.5 square kilometres, and the population is 453 residents in the 2021 Census.

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

Fassett appears in the census record with 453 residents, and the density of 36.2 people per square kilometre follows from it.

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

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

Fassett sits at rank 957 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

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

At 453 residents in the 2021 Census, Fassett is listed alongside the other covered places in Quebec.

Fassett is one of 1150 covered Quebec places, counted at 453 residents with a land area of 12.5 square kilometres.

Fassett ranks 957 by 2021 Census population among the covered places in Quebec.

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 Quebec; a municipal boundary does not change them.