Borrowing in Cox's Cove, Newfoundland and Labrador

Cox's Cove is one of the Newfoundland and Labrador places covered here, with 664 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

The census figures for Cox's Cove

664 people were counted in Cox's Cove in the 2021 Census. The community covers 7.2 square kilometres of land.

The calculated density is 91.8 people per square kilometre.

Cox's Cove ranks 115 by population among the Newfoundland and Labrador places on this site.

The place record for Cox's Cove covers 7.2 square kilometres and 664 residents, a density of 91.8 people per square kilometre.

The Newfoundland and Labrador rules that apply

Consumer credit in Newfoundland and Labrador is licensed by the provincial or territorial regulator, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

In Newfoundland and Labrador, payday lending operates under a licensed provincial regime, and the federal Payday Lending Regulations (SOR/2024-114) record a maximum cost of borrowing of $14 for each $100 advanced under SOR/2024-114.

At the small end of the census range, the community still borrows inside the province's licensing system.

How borrowing works locally

A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one.

Debt management plans are administered by accredited credit counsellors, and they are not loans. A longer amortisation lowers each payment and raises the total interest paid over the life of the loan.

Products compared here

The site describes 20 products in total; the two below are representative of the range.

• Payday loans: Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit.
• No credit check loans: What lenders who advertise without a credit check actually look at instead, and where the cost goes.

Cox's Cove is one of 322 covered Newfoundland and Labrador places, counted at 664 residents with a land area of 7.2 square kilometres.

The density figure for Cox's Cove, 91.8 people per square kilometre, is calculated from the population and land area above.

Cox's Cove appears in the census record with 664 residents, and the density of 91.8 people per square kilometre follows from it.

Cox's Cove ranks 115 by 2021 Census population among the covered places in Newfoundland and Labrador.

The Cox's Cove page follows the same structure as every other place page, with population, land area, density and rank.

Where a figure for Cox's Cove could not be verified, the page names the publisher instead of printing a number.

Cox's Cove sits at rank 115 within Newfoundland and Labrador in this data set, and the provincial rules apply as they do elsewhere.

For Cox's Cove, the two census fields above are the only local statistics used anywhere on the page.

Readers comparing Cox's Cove with another community can use the same four census fields.

At 664 residents in the 2021 Census, Cox's Cove is listed alongside the other covered places in Newfoundland and Labrador.

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).

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