Borrowing in L'Anse-au-Clair, Newfoundland and Labrador

With 219 residents counted in the 2021 Census, L'Anse-au-Clair sits inside Newfoundland and Labrador's provincial lending framework.

How borrowing works locally

A credit file is compiled by private agencies from information lenders and other creditors report.

Interest on a line of credit accrues only on the drawn portion, not on the unused limit. A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes.

Products compared here

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

• Debt relief programs: The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them.
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The census figures for L'Anse-au-Clair

The 2021 Census counted 219 residents in L'Anse-au-Clair. The community covers 60.6 square kilometres of land.

That gives a density of 3.6 people per square kilometre, rounded to one decimal place.

Its provincial population rank is 255 within this data set.

Within Newfoundland and Labrador, L'Anse-au-Clair is place number 255 by population in this census set, at 219 residents.

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, cap the cost of borrowing at $14 per $100 advanced in Newfoundland and Labrador, which the federal Payday Lending Regulations (SOR/2024-114) list as a province that regulates the product.

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

L'Anse-au-Clair sits at rank 255 within Newfoundland and Labrador in this data set, and the provincial rules apply as they do elsewhere.

The density figure for L'Anse-au-Clair, 3.6 people per square kilometre, is calculated from the population and land area above.

L'Anse-au-Clair is one of 322 covered Newfoundland and Labrador places, counted at 219 residents with a land area of 60.6 square kilometres.

L'Anse-au-Clair ranks 255 by 2021 Census population among the covered places in Newfoundland and Labrador.

The L'Anse-au-Clair page follows the same structure as every other place page, with population, land area, density and rank.

Nothing on the L'Anse-au-Clair page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

The land area recorded for L'Anse-au-Clair is 60.6 square kilometres, and the population is 219 residents in the 2021 Census.

Where a figure for L'Anse-au-Clair could not be verified, the page names the publisher instead of printing a number.

For L'Anse-au-Clair, the two census fields above are the only local statistics used anywhere on the page.

At 219 residents in the 2021 Census, L'Anse-au-Clair is listed alongside the other covered places in Newfoundland and Labrador.

L'Anse-au-Clair appears in the census record with 219 residents, and the density of 3.6 people per square kilometre follows from it.

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).

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