Borrowing in Saint-Godefroi, Quebec

A loan taken out in Saint-Godefroi is governed by Quebec's licensing rules, and the 2021 Census counted 350 people in the community.

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.

Small places are covered the same way as large ones: census figures for the place, and the provincial position on lending.

How borrowing works locally

A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes.

A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments. A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

The census figures for Saint-Godefroi

Statistics Canada's 2021 Census gives Saint-Godefroi a population of 350. The census records a land area of 63.6 square kilometres for Saint-Godefroi.

The arithmetic gives 5.5 people per square kilometre.

Among covered Quebec places, Saint-Godefroi sits at rank 1027 by population.

Within Quebec, Saint-Godefroi is place number 1027 by population in this census set, at 350 residents.

Products compared here

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

• Home renovation loans: Paying for work on a property, from a small unsecured instalment loan to a secured renovation product.
• Emergency loans: Money for an urgent expense, and the order in which a sensible borrower works through the options.

Saint-Godefroi ranks 1027 by 2021 Census population among the covered places in Quebec.

At 350 residents in the 2021 Census, Saint-Godefroi is listed alongside the other covered places in Quebec.

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

The land area recorded for Saint-Godefroi is 63.6 square kilometres, and the population is 350 residents in the 2021 Census.

The density figure for Saint-Godefroi, 5.5 people per square kilometre, is calculated from the population and land area above.

Saint-Godefroi sits at rank 1027 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

Saint-Godefroi is one of 1150 covered Quebec places, counted at 350 residents with a land area of 63.6 square kilometres.

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

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

Saint-Godefroi appears in the census record with 350 residents, and the density of 5.5 people per square kilometre follows from it.

Readers comparing Saint-Godefroi with another community can use the same four census fields.

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

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 same structure is used for every place covered, so two communities can be compared field by field: population, land area, density, rank, and the provincial rules.