Borrowing in Natuashish 2, Newfoundland and Labrador

Natuashish 2, Newfoundland and Labrador, recorded a population of 856 in the 2021 Census; the rules that govern a loan signed there are provincial.

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) list Newfoundland and Labrador among the provinces that regulate payday lending, where the federal Payday Lending Regulations (SOR/2024-114) cap the cost of borrowing at $14 per $100 advanced.

This is a small community by population, inside the lowest band used on this site, and the provincial framework applies without variation.

How borrowing works locally

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

Joint applications combine two incomes and two sets of obligations in the same assessment. A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender.

The census figures for Natuashish 2

856 people were counted in Natuashish 2 in the 2021 Census. The community covers 44.0 square kilometres of land.

That gives a density of 19.5 people per square kilometre, rounded to one decimal place.

Its provincial population rank is 90 within this data set.

Natuashish 2 therefore appears at rank 90 of 322 covered Newfoundland and Labrador places, with a density of 19.5 people per square kilometre.

Products compared here

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

• Bad credit loans: Borrowing when the credit file is damaged, and what changes about price and security as a result.
• Home equity loans: Converting property equity into credit, and the difference between a lump sum and a revolving limit.

Where a figure for Natuashish 2 could not be verified, the page names the publisher instead of printing a number.

For Natuashish 2, the two census fields above are the only local statistics used anywhere on the page.

Readers comparing Natuashish 2 with another community can use the same four census fields.

At 856 residents in the 2021 Census, Natuashish 2 is listed alongside the other covered places in Newfoundland and Labrador.

Natuashish 2 is one of 322 covered Newfoundland and Labrador places, counted at 856 residents with a land area of 44.0 square kilometres.

Nothing on the Natuashish 2 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

The Natuashish 2 page follows the same structure as every other place page, with population, land area, density and rank.

Natuashish 2 sits at rank 90 within Newfoundland and Labrador in this data set, and the provincial rules apply as they do elsewhere.

The density figure for Natuashish 2, 19.5 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Natuashish 2 is 44.0 square kilometres, and the population is 856 residents in the 2021 Census.

Natuashish 2 ranks 90 by 2021 Census population among the covered places in Newfoundland and Labrador.

Natuashish 2 appears in the census record with 856 residents, and the density of 19.5 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.

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.