Borrowing in Montpellier, Quebec

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

Products compared here

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

• Secured loans: Borrowing against an asset, which lowers the price but puts the asset at risk if you default.
• Business lines of credit: A revolving operating limit for a business, and why it behaves differently from a term loan.

How borrowing works locally

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

A broker arranges credit but does not lend, and the lender remains the party that makes the decision. Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation.

The Quebec rules that apply

Consumer credit in Quebec is licensed by the provincial or territorial regulator, and the Financial Consumer Agency of Canada publishes the 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.

The census figures for Montpellier

1,112 people were counted in Montpellier in the 2021 Census. The community covers 246.1 square kilometres of land.

The arithmetic gives 4.5 people per square kilometre.

The 2021 Census population places it at rank 612 in the province.

Montpellier therefore appears at rank 612 of 1150 covered Quebec places, with a density of 4.5 people per square kilometre.

The density figure for Montpellier, 4.5 people per square kilometre, is calculated from the population and land area above.

Montpellier ranks 612 by 2021 Census population among the covered places in Quebec.

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

At 1,112 residents in the 2021 Census, Montpellier is listed alongside the other covered places in Quebec.

Montpellier sits at rank 612 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

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

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

Montpellier appears in the census record with 1,112 residents, and the density of 4.5 people per square kilometre follows from it.

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

Montpellier is one of 1150 covered Quebec places, counted at 1,112 residents with a land area of 246.1 square kilometres.

The land area recorded for Montpellier is 246.1 square kilometres, and the population is 1,112 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.

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.

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