Borrowing in Saint-Marcel, Quebec

With 422 residents counted in the 2021 Census, Saint-Marcel sits inside Quebec's provincial lending framework.

How borrowing works locally

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached. Payment history is reported to credit agencies, and that record is what builds or damages a credit file over time.

Products compared here

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

• 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.

The census figures for Saint-Marcel

Statistics Canada's 2021 Census gives Saint-Marcel a population of 422. Statistics Canada lists 178.8 square kilometres of land for the community.

Dividing population by land area gives 2.4 residents per square kilometre, rounded to one decimal place.

Its provincial population rank is 977 within this data set.

Saint-Marcel sits at rank 977 among the 1150 Quebec places here, with 422 residents in the 2021 Census.

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.

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.

Communities of this size are listed here with population, land area and density, and the lending rules remain provincial.

The density figure for Saint-Marcel, 2.4 people per square kilometre, is calculated from the population and land area above.

At 422 residents in the 2021 Census, Saint-Marcel is listed alongside the other covered places in Quebec.

Saint-Marcel is one of 1150 covered Quebec places, counted at 422 residents with a land area of 178.8 square kilometres.

Saint-Marcel ranks 977 by 2021 Census population among the covered places in Quebec.

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

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

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

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

The land area recorded for Saint-Marcel is 178.8 square kilometres, and the population is 422 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.

The 2021 Census of Population published by Statistics Canada is the source for population and land area; the federal Payday Lending Regulations (SOR/2024-114) are the source for payday rules.

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.