Borrowing in Val-des-Monts, Quebec

This page covers borrowing in Val-des-Monts, Quebec: the census facts, the provincial rules, and the products people compare.

The Quebec rules that apply

The body that licenses consumer lending in Quebec is the regulator named on the federal Payday Lending Regulations (SOR/2024-114)'s 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.

Municipalities of this size are grouped together here, with the province setting the licensing position for all of them.

The census figures for Val-des-Monts

Statistics Canada's 2021 Census gives Val-des-Monts a population of 13,328. Statistics Canada lists 434.8 square kilometres of land for the community.

The calculated density is 30.7 people per square kilometre.

Its provincial population rank is 87 within this data set.

Val-des-Monts sits at rank 87 among the 1150 Quebec places here, with 13,328 residents in the 2021 Census.

Products compared here

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

• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.
• Home renovation loans: Paying for work on a property, from a small unsecured instalment loan to a secured renovation product.

How borrowing works locally

A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators. A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

For Val-des-Monts, the two census fields above are the only local statistics used anywhere on the page.

The density figure for Val-des-Monts, 30.7 people per square kilometre, is calculated from the population and land area above.

Val-des-Monts ranks 87 by 2021 Census population among the covered places in Quebec.

Readers comparing Val-des-Monts with another community can use the same four census fields.

The land area recorded for Val-des-Monts is 434.8 square kilometres, and the population is 13,328 residents in the 2021 Census.

Where a figure for Val-des-Monts could not be verified, the page names the publisher instead of printing a number.

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

At 13,328 residents in the 2021 Census, Val-des-Monts is listed alongside the other covered places in Quebec.

Val-des-Monts appears in the census record with 13,328 residents, and the density of 30.7 people per square kilometre follows from it.

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

Val-des-Monts is one of 1150 covered Quebec places, counted at 13,328 residents with a land area of 434.8 square kilometres.

Val-des-Monts sits at rank 87 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

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).

Lending rules change, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position is confirmed.