Borrowing in Kawawachikamach, Quebec

Kawawachikamach is one of the Quebec places covered here, with 641 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

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.

For Quebec, the federal Payday Lending Regulations (SOR/2024-114) record that payday lending is not licensed, so the cost limit should be confirmed with the provincial regulator.

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

How borrowing works locally

A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments.

A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one. Joint applications combine two incomes and two sets of obligations in the same assessment.

The census figures for Kawawachikamach

641 people were counted in Kawawachikamach in the 2021 Census. Statistics Canada lists 32.5 square kilometres of land for the community.

Dividing population by land area gives 19.7 residents per square kilometre, rounded to one decimal place.

The community is the 842nd largest place in the province within this census set.

Compared with the other 1150 covered Quebec places, Kawawachikamach ranks 842 by population.

Products compared here

The site describes 20 products in total; the two below are representative of the range.

• 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.

Kawawachikamach is one of 1150 covered Quebec places, counted at 641 residents with a land area of 32.5 square kilometres.

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

Kawawachikamach sits at rank 842 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

The land area recorded for Kawawachikamach is 32.5 square kilometres, and the population is 641 residents in the 2021 Census.

At 641 residents in the 2021 Census, Kawawachikamach is listed alongside the other covered places in Quebec.

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

Kawawachikamach appears in the census record with 641 residents, and the density of 19.7 people per square kilometre follows from it.

Kawawachikamach ranks 842 by 2021 Census population among the covered places in Quebec.

The density figure for Kawawachikamach, 19.7 people per square kilometre, is calculated from the population and land area above.

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

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

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

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.