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Borrowing in Fossambault-sur-le-Lac, Quebec

Fossambault-sur-le-Lac, Quebec: 2,327 residents in the 2021 Census, 11.5 square kilometres of land, and the provincial lending rules that apply across Quebec.

Province Quebec (QC)
Population, 2021 Census 2,327
Land area 11.5 km²
Provincial regulator See the FCAC list

A loan taken out in Fossambault-sur-le-Lac is governed by Quebec's licensing rules, and the 2021 Census counted 2,327 people in the community.

The Quebec rules that apply

Provincial or territorial law decides who may lend in Quebec, and the Financial Consumer Agency of Canada publishes the list that names the regulator responsible.

Because Quebec does not license payday lending, no provincial payday cap applies there, and the federal Payday Lending Regulations (SOR/2024-114) note the distinction.

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

Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists.

A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached. Interest on a line of credit accrues only on the drawn portion, not on the unused limit.

The census figures for Fossambault-sur-le-Lac

Statistics Canada's 2021 Census gives Fossambault-sur-le-Lac a population of 2,327. The census records a land area of 11.5 square kilometres for Fossambault-sur-le-Lac.

The arithmetic gives 202.5 people per square kilometre.

The 2021 Census population places it at rank 356 in the province.

Compared with the other 1150 covered Quebec places, Fossambault-sur-le-Lac ranks 356 by population.

Products compared here

Among the 20 products compared here, these two are commonly used for the purposes described.

  • Personal loans: A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept.
  • Mortgage loans: Borrowing against residential property, including how a federally regulated lender tests the file.

Nothing on the Fossambault-sur-le-Lac page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

The Fossambault-sur-le-Lac page follows the same structure as every other place page, with population, land area, density and rank.

Fossambault-sur-le-Lac appears in the census record with 2,327 residents, and the density of 202.5 people per square kilometre follows from it.

The land area recorded for Fossambault-sur-le-Lac is 11.5 square kilometres, and the population is 2,327 residents in the 2021 Census.

At 2,327 residents in the 2021 Census, Fossambault-sur-le-Lac is listed alongside the other covered places in Quebec.

The density figure for Fossambault-sur-le-Lac, 202.5 people per square kilometre, is calculated from the population and land area above.

Fossambault-sur-le-Lac ranks 356 by 2021 Census population among the covered places in Quebec.

For Fossambault-sur-le-Lac, the two census fields above are the only local statistics used anywhere on the page.

Readers comparing Fossambault-sur-le-Lac with another community can use the same four census fields.

Where a figure for Fossambault-sur-le-Lac could not be verified, the page names the publisher instead of printing a number.

Fossambault-sur-le-Lac sits at rank 356 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

Fossambault-sur-le-Lac is one of 1150 covered Quebec places, counted at 2,327 residents with a land area of 11.5 square kilometres.

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).

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

Population and land area: Statistics Canada, Census of Population 2021, table 98-10-0002.

Borrowing in Fossambault-sur-le-Lac

Personal loans A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept. Bad credit loans Borrowing when the credit file is damaged, and what changes about price and security as a result. No credit check loans What lenders who advertise without a credit check actually look at instead, and where the cost goes. Lines of credit A revolving limit you draw on and repay, usually paying interest only on what is outstanding. Unsecured loans Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone. Secured loans Borrowing against an asset, which lowers the price but puts the asset at risk if you default. Car loans Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit. Mortgage loans Borrowing against residential property, including how a federally regulated lender tests the file. Home equity loans Converting property equity into credit, and the difference between a lump sum and a revolving limit. Mortgage refinancing Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs. Home renovation loans Paying for work on a property, from a small unsecured instalment loan to a secured renovation product. Business loans Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit. Business lines of credit A revolving operating limit for a business, and why it behaves differently from a term loan. Debt consolidation loans Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps. Debt relief programs The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them. Payday loans Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit. Cash advance loans Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance. Emergency loans Money for an urgent expense, and the order in which a sensible borrower works through the options. Instalment loans A fixed number of fixed payments, sized larger and longer than a payday advance. Collateral loans Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.

Nearby places

Montréal 1,762,949 Québec 549,459 Laval 438,366 Gatineau 291,041 Longueuil 254,483 Sherbrooke 172,950

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