Borrowing in Franklin, Quebec

Franklin is one of the Quebec communities covered here, with a 2021 Census population of 1,635, and borrowing there is licensed under Quebec's consumer credit rules.

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.

Payday lending is not licensed in Quebec; the federal Payday Lending Regulations (SOR/2024-114) list Quebec separately from the provinces that operate a licensed payday regime.

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

The census figures for Franklin

In the 2021 Census, Franklin had 1,635 residents. The community covers 112.3 square kilometres of land.

The arithmetic gives 14.6 people per square kilometre.

Franklin ranks 478 by population among the Quebec places on this site.

Within Quebec, Franklin is place number 478 by population in this census set, at 1,635 residents.

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.

How borrowing works locally

A lender may ask for proof of address, and a permanent address is a standard requirement for consumer credit.

A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one. Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation.

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

Franklin appears in the census record with 1,635 residents, and the density of 14.6 people per square kilometre follows from it.

Franklin sits at rank 478 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

At 1,635 residents in the 2021 Census, Franklin is listed alongside the other covered places in Quebec.

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

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

The land area recorded for Franklin is 112.3 square kilometres, and the population is 1,635 residents in the 2021 Census.

Franklin ranks 478 by 2021 Census population among the covered places in Quebec.

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

The density figure for Franklin, 14.6 people per square kilometre, is calculated from the population and land area above.

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

Census figures are from Statistics Canada's 2021 Census of Population, and the payday position is taken from the federal Payday Lending Regulations (SOR/2024-114).

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