Borrowing in Godbout, Quebec

A loan taken out in Godbout is governed by Quebec's licensing rules, and the 2021 Census counted 272 people in the community.

The census figures for Godbout

In the 2021 Census, Godbout had 272 residents. 159.2 square kilometres of land are attributed to Godbout.

On those two figures, density is 1.7 residents per square kilometre when rounded to one decimal place.

The 2021 Census population places it at rank 1081 in the province.

The place record for Godbout covers 159.2 square kilometres and 272 residents, a density of 1.7 people per square kilometre.

Products compared here

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

• 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

The regulator for consumer credit in Quebec is the body listed by the federal Payday Lending Regulations (SOR/2024-114) provincial and territorial regulators.

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.

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

How borrowing works locally

Debt management plans are administered by accredited credit counsellors, and they are not loans.

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.

At 272 residents in the 2021 Census, Godbout is listed alongside the other covered places in Quebec.

Godbout sits at rank 1081 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

Godbout appears in the census record with 272 residents, and the density of 1.7 people per square kilometre follows from it.

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

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

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

The density figure for Godbout, 1.7 people per square kilometre, is calculated from the population and land area above.

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

Godbout ranks 1081 by 2021 Census population among the covered places in Quebec.

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

The land area recorded for Godbout is 159.2 square kilometres, and the population is 272 residents in the 2021 Census.

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).

Lending rules change, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position is confirmed.