Borrowing in Maddington Falls, Quebec

This page covers borrowing in Maddington Falls, Quebec: the census facts, the provincial rules, and the products people compare.

The census figures for Maddington Falls

In the 2021 Census, Maddington Falls had 428 residents. The census records a land area of 23.8 square kilometres for Maddington Falls.

The calculated density is 18.0 people per square kilometre.

Among covered Quebec places, Maddington Falls sits at rank 975 by population.

Maddington Falls is one of 1150 places listed for Quebec, ranked 975 by population and measured at 23.8 square kilometres.

The Quebec rules that apply

Licensing for consumer credit in Quebec sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public list of provincial and territorial regulators.

The federal Payday Lending Regulations (SOR/2024-114) are explicit that Quebec does not license payday lending, which changes which rules a short-term advance falls under.

Places in the smallest population band are grouped here as small communities, and the pages carry the same census fields and the same provincial rules as the largest city.

How borrowing works locally

A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term. A longer amortisation lowers each payment and raises the total interest paid over the life of the loan.

Products compared here

Each product below has its own page, and the Quebec position applies to all of them.

• Home equity loans: Converting property equity into credit, and the difference between a lump sum and a revolving limit.
• Payday loans: Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit.

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

Maddington Falls sits at rank 975 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

Maddington Falls ranks 975 by 2021 Census population among the covered places in Quebec.

The land area recorded for Maddington Falls is 23.8 square kilometres, and the population is 428 residents in the 2021 Census.

Maddington Falls is one of 1150 covered Quebec places, counted at 428 residents with a land area of 23.8 square kilometres.

Maddington Falls appears in the census record with 428 residents, and the density of 18.0 people per square kilometre follows from it.

At 428 residents in the 2021 Census, Maddington Falls is listed alongside the other covered places in Quebec.

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

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

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

The density figure for Maddington Falls, 18.0 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.

Statistics Canada's 2021 Census of Population supplies the population and land-area figures, and the federal Payday Lending Regulations (SOR/2024-114) supply the payday position.

Compare the disclosure on any agreement against the provincial ceiling, and treat the census figures as the only local statistics on the page.