Borrowing in Port au Choix, Newfoundland and Labrador

This page covers borrowing in Port au Choix, Newfoundland and Labrador: the census facts, the provincial rules, and the products people compare.

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.

• Unsecured loans: Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone.
• Business loans: Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit.

How borrowing works locally

A longer amortisation lowers each payment and raises the total interest paid over the life of the loan.

Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists. Payment history is reported to credit agencies, and that record is what builds or damages a credit file over time.

The Newfoundland and Labrador rules that apply

Licensing for consumer credit in Newfoundland and Labrador sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public list of provincial and territorial regulators.

Payday lending is licensed in Newfoundland and Labrador; the federal Payday Lending Regulations (SOR/2024-114) publish a cap of $14 per $100 advanced, and notes that a province may set a lower figure.

The lowest band groups villages, rural municipalities and small towns, all read against the same provincial rulebook.

The census figures for Port au Choix

The 2021 Census counted 742 residents in Port au Choix. Its land area is 35.6 square kilometres.

On those two figures, density is 20.9 residents per square kilometre when rounded to one decimal place.

Its provincial population rank is 100 within this data set.

Port au Choix sits at rank 100 among the 322 Newfoundland and Labrador places here, with 742 residents in the 2021 Census.

Readers comparing Port au Choix with another community can use the same four census fields.

At 742 residents in the 2021 Census, Port au Choix is listed alongside the other covered places in Newfoundland and Labrador.

The land area recorded for Port au Choix is 35.6 square kilometres, and the population is 742 residents in the 2021 Census.

Port au Choix ranks 100 by 2021 Census population among the covered places in Newfoundland and Labrador.

Port au Choix appears in the census record with 742 residents, and the density of 20.9 people per square kilometre follows from it.

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

The density figure for Port au Choix, 20.9 people per square kilometre, is calculated from the population and land area above.

Port au Choix sits at rank 100 within Newfoundland and Labrador in this data set, and the provincial rules apply as they do elsewhere.

Port au Choix is one of 322 covered Newfoundland and Labrador places, counted at 742 residents with a land area of 35.6 square kilometres.

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

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

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).

Lending rules change, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position is confirmed.