Borrowing in Lamarche, Quebec

Lamarche, Quebec, recorded a population of 476 in the 2021 Census; the rules that govern a loan signed there are provincial.

Products compared here

Two of the 20 covered products appear below, each with the purpose the product is designed for.

• Bad credit loans: Borrowing when the credit file is damaged, and what changes about price and security as a result.
• Home equity loans: Converting property equity into credit, and the difference between a lump sum and a revolving limit.

How borrowing works locally

Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term.

A lender may ask for proof of address, and a permanent address is a standard requirement for consumer credit. A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached.

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.

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.

The census figures for Lamarche

The 2021 Census counted 476 residents in Lamarche. The community covers 81.5 square kilometres of land.

The arithmetic gives 5.8 people per square kilometre.

Among covered Quebec places, Lamarche sits at rank 942 by population.

Lamarche therefore appears at rank 942 of 1150 covered Quebec places, with a density of 5.8 people per square kilometre.

Lamarche ranks 942 by 2021 Census population among the covered places in Quebec.

Lamarche sits at rank 942 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

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

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

At 476 residents in the 2021 Census, Lamarche is listed alongside the other covered places in Quebec.

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

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

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

The land area recorded for Lamarche is 81.5 square kilometres, and the population is 476 residents in the 2021 Census.

Lamarche is one of 1150 covered Quebec places, counted at 476 residents with a land area of 81.5 square kilometres.

Lamarche appears in the census record with 476 residents, and the density of 5.8 people per square kilometre follows from it.

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).

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