Borrowing in Val-Morin, Quebec

With 3,123 residents counted in the 2021 Census, Val-Morin sits inside Quebec's provincial lending framework.

How borrowing works locally

A lender is free to set its own price below the legal ceiling, and it does so according to the risk it reads in the file.

A longer amortisation lowers each payment and raises the total interest paid over the life of the loan. A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

Products compared here

These are two of the 20 products described on the site, and each has a national page as well as the provincial rules.

• 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.

The census figures for Val-Morin

Population for Val-Morin stands at 3,123 in the 2021 Census. Statistics Canada lists 39.2 square kilometres of land for the community.

Population divided by land area produces a density of 79.7 people per square kilometre.

The 2021 Census population places it at rank 263 in the province.

Compared with the other 1150 covered Quebec places, Val-Morin ranks 263 by population.

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.

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.

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

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

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

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

The land area recorded for Val-Morin is 39.2 square kilometres, and the population is 3,123 residents in the 2021 Census.

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

Val-Morin appears in the census record with 3,123 residents, and the density of 79.7 people per square kilometre follows from it.

Val-Morin sits at rank 263 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

At 3,123 residents in the 2021 Census, Val-Morin is listed alongside the other covered places in Quebec.

Val-Morin is one of 1150 covered Quebec places, counted at 3,123 residents with a land area of 39.2 square kilometres.

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

The density figure for Val-Morin, 79.7 people per square kilometre, is calculated from the population and land area above.

Val-Morin ranks 263 by 2021 Census population among the covered places in Quebec.

loanmoose.ca is not a lender and does not make credit decisions. The lowest rates are only available to the most qualified applicants.

Population and land area figures come from Statistics Canada's 2021 Census of Population; regulatory statements are attributed to the federal Payday Lending Regulations (SOR/2024-114).

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