Borrowing in Division No. 2, Subd. I, Newfoundland and Labrador

Division No. 2, Subd. I is one of the Newfoundland and Labrador communities covered here, with a 2021 Census population of 123, and borrowing there is licensed under Newfoundland and Labrador's consumer credit rules.

The census figures for Division No. 2, Subd. I

The 2021 Census counted 123 residents in Division No. 2, Subd. I. The census records a land area of 492.0 square kilometres for Division No. 2, Subd. I.

Dividing population by land area gives 0.3 residents per square kilometre, rounded to one decimal place.

The 2021 Census population places it at rank 305 in the province.

Division No. 2, Subd. I sits at rank 305 among the 322 Newfoundland and Labrador places here, with 123 residents in the 2021 Census.

Products compared here

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

• 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.

The Newfoundland and Labrador rules that apply

The regulator for consumer credit in Newfoundland and Labrador is the body listed by the federal Payday Lending Regulations (SOR/2024-114) provincial and territorial regulators.

Payday lending is licensed in Newfoundland and Labrador; the federal Payday Lending Regulations (SOR/2024-114) publish a cap of $14 per $100 advanced, and notes that a province may set a lower figure.

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

How borrowing works locally

A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender.

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term. A mortgage is registered against the property, which is what gives the lender its claim.

For Division No. 2, Subd. I, the two census fields above are the only local statistics used anywhere on the page.

Readers comparing Division No. 2, Subd. I with another community can use the same four census fields.

Division No. 2, Subd. I is one of 322 covered Newfoundland and Labrador places, counted at 123 residents with a land area of 492.0 square kilometres.

Division No. 2, Subd. I sits at rank 305 within Newfoundland and Labrador in this data set, and the provincial rules apply as they do elsewhere.

Division No. 2, Subd. I ranks 305 by 2021 Census population among the covered places in Newfoundland and Labrador.

The land area recorded for Division No. 2, Subd. I is 492.0 square kilometres, and the population is 123 residents in the 2021 Census.

The density figure for Division No. 2, Subd. I, 0.3 people per square kilometre, is calculated from the population and land area above.

Division No. 2, Subd. I appears in the census record with 123 residents, and the density of 0.3 people per square kilometre follows from it.

At 123 residents in the 2021 Census, Division No. 2, Subd. I 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.

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.