Borrowing in Daniel's Harbour, Newfoundland and Labrador

Daniel's Harbour is one of the Newfoundland and Labrador communities covered here, with a 2021 Census population of 220, and borrowing there is licensed under Newfoundland and Labrador's consumer credit rules.

The Newfoundland and Labrador rules that apply

The body that licenses consumer lending in Newfoundland and Labrador 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) count Newfoundland and Labrador among the provinces with payday lending rules, where the published maximum cost of borrowing is $14 per $100 advanced under SOR/2024-114.

Places in the smallest population band are grouped here as small communities, and the pages carry the same census fields and the same provincial rules as the largest city.

The census figures for Daniel's Harbour

220 people were counted in Daniel's Harbour in the 2021 Census. Land area for Daniel's Harbour is 7.7 square kilometres in the same census.

The calculated density is 28.6 people per square kilometre.

The 2021 Census population places it at rank 254 in the province.

Daniel's Harbour sits at rank 254 among the 322 Newfoundland and Labrador places here, with 220 residents in the 2021 Census.

Products compared here

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

• Bad credit loans: Borrowing when the credit file is damaged, and what changes about price and security as a result.
• Home equity loans: Converting property equity into credit, and the difference between a lump sum and a revolving limit.

How borrowing works locally

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

Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation. A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached.

At 220 residents in the 2021 Census, Daniel's Harbour is listed alongside the other covered places in Newfoundland and Labrador.

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

Daniel's Harbour sits at rank 254 within Newfoundland and Labrador in this data set, and the provincial rules apply as they do elsewhere.

The density figure for Daniel's Harbour, 28.6 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Daniel's Harbour is 7.7 square kilometres, and the population is 220 residents in the 2021 Census.

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

Daniel's Harbour is one of 322 covered Newfoundland and Labrador places, counted at 220 residents with a land area of 7.7 square kilometres.

Readers comparing Daniel's Harbour with another community can use the same four census fields.

Daniel's Harbour appears in the census record with 220 residents, and the density of 28.6 people per square kilometre follows from it.

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

Daniel's Harbour ranks 254 by 2021 Census population among the 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.

Statistics Canada's 2021 Census of Population supplies the population and land-area figures, and the federal Payday Lending Regulations (SOR/2024-114) supply the payday position.

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