Borrowing in LaScie, Newfoundland and Labrador

LaScie is one of the Newfoundland and Labrador communities covered here, with a 2021 Census population of 820, and borrowing there is licensed under Newfoundland and Labrador's consumer credit rules.

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.

• 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.

How borrowing works locally

Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term.

A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments. Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation.

The Newfoundland and Labrador rules that apply

Provincial or territorial law decides who may lend in Newfoundland and Labrador, and the Financial Consumer Agency of Canada publishes the list that names the regulator responsible.

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 LaScie

820 people were counted in LaScie in the 2021 Census. 29.2 square kilometres of land are attributed to LaScie.

Population divided by land area produces a density of 28.1 people per square kilometre.

The community is the 94th largest place in the province within this census set.

Compared with the other 322 covered Newfoundland and Labrador places, LaScie ranks 94 by population.

LaScie is one of 322 covered Newfoundland and Labrador places, counted at 820 residents with a land area of 29.2 square kilometres.

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

LaScie ranks 94 by 2021 Census population among the covered places in Newfoundland and Labrador.

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

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

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

LaScie appears in the census record with 820 residents, and the density of 28.1 people per square kilometre follows from it.

The density figure for LaScie, 28.1 people per square kilometre, is calculated from the population and land area above.

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

The land area recorded for LaScie is 29.2 square kilometres, and the population is 820 residents in the 2021 Census.

LaScie sits at rank 94 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.

The same structure is used for every place covered, so two communities can be compared field by field: population, land area, density, rank, and the provincial rules.