Borrowing in Dover, Newfoundland and Labrador

Dover, Newfoundland and Labrador, recorded a population of 579 in the 2021 Census; the rules that govern a loan signed there are provincial.

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.

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.

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.

How borrowing works locally

Payment history is reported to credit agencies, and that record is what builds or damages a credit file over time.

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed. A broker arranges credit but does not lend, and the lender remains the party that makes the decision.

The census figures for Dover

In the 2021 Census, Dover had 579 residents. Land area for Dover is 11.1 square kilometres in the same census.

Population divided by land area produces a density of 52.1 people per square kilometre.

The community is the 133rd largest place in the province within this census set.

The place record for Dover covers 11.1 square kilometres and 579 residents, a density of 52.1 people per square kilometre.

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.

• Mortgage refinancing: Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs.
• Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.

Dover appears in the census record with 579 residents, and the density of 52.1 people per square kilometre follows from it.

Readers comparing Dover with another community can use the same four census fields.

Dover ranks 133 by 2021 Census population among the covered places in Newfoundland and Labrador.

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

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

The land area recorded for Dover is 11.1 square kilometres, and the population is 579 residents in the 2021 Census.

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

Dover is one of 322 covered Newfoundland and Labrador places, counted at 579 residents with a land area of 11.1 square kilometres.

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

The density figure for Dover, 52.1 people per square kilometre, is calculated from the population and land area above.

At 579 residents in the 2021 Census, Dover is listed alongside the other covered places in Newfoundland and Labrador.

Dover sits at rank 133 within Newfoundland and Labrador 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.

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.

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