Borrowing in King's Point, Newfoundland and Labrador

King's Point, Newfoundland and Labrador, recorded a population of 653 in the 2021 Census; the rules that govern a loan signed there are provincial.

How borrowing works locally

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

Joint applications combine two incomes and two sets of obligations in the same assessment. 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.

Products compared here

The product pages behind this city cover the following borrowing categories, among the 20 products compared nationally.

• Debt consolidation loans: Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps.
• Personal loans: A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept.

The census figures for King's Point

Population for King's Point stands at 653 in the 2021 Census. Statistics Canada lists 45.7 square kilometres of land for the community.

The arithmetic gives 14.3 people per square kilometre.

By population it ranks 117 among the Newfoundland and Labrador places covered here.

Compared with the other 322 covered Newfoundland and Labrador places, King's Point ranks 117 by population.

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.

A payday advance in Newfoundland and Labrador falls under a provincial licensing regime, and the cost of borrowing is capped at $14 per $100 advanced according to the federal Payday Lending Regulations (SOR/2024-114).

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

King's Point sits at rank 117 within Newfoundland and Labrador in this data set, and the provincial rules apply as they do elsewhere.

King's Point ranks 117 by 2021 Census population among the covered places in Newfoundland and Labrador.

The land area recorded for King's Point is 45.7 square kilometres, and the population is 653 residents in the 2021 Census.

Readers comparing King's Point with another community can use the same four census fields.

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

King's Point appears in the census record with 653 residents, and the density of 14.3 people per square kilometre follows from it.

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

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

At 653 residents in the 2021 Census, King's Point is listed alongside the other covered places in Newfoundland and Labrador.

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

The density figure for King's Point, 14.3 people per square kilometre, is calculated from the population and land area above.

King's Point is one of 322 covered Newfoundland and Labrador places, counted at 653 residents with a land area of 45.7 square kilometres.

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.