Borrowing in Reidville, Newfoundland and Labrador

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

Products compared here

The site describes 20 products in total; the two below are representative of the range.

• Emergency loans: Money for an urgent expense, and the order in which a sensible borrower works through the options.
• Unsecured loans: Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone.

How borrowing works locally

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

A longer amortisation lowers each payment and raises the total interest paid over the life of the loan. Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

The Newfoundland and Labrador rules that apply

Consumer lending in Newfoundland and Labrador is licensed provincially or territorially, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position appears.

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.

The census figures for Reidville

Population for Reidville stands at 550 in the 2021 Census. Statistics Canada lists 58.3 square kilometres of land for the community.

Dividing population by land area gives 9.4 residents per square kilometre, rounded to one decimal place.

By population it ranks 142 among the Newfoundland and Labrador places covered here.

The place record for Reidville covers 58.3 square kilometres and 550 residents, a density of 9.4 people per square kilometre.

At 550 residents in the 2021 Census, Reidville is listed alongside the other covered places in Newfoundland and Labrador.

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

Reidville appears in the census record with 550 residents, and the density of 9.4 people per square kilometre follows from it.

Reidville sits at rank 142 within Newfoundland and Labrador in this data set, and the provincial rules apply as they do elsewhere.

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

The land area recorded for Reidville is 58.3 square kilometres, and the population is 550 residents in the 2021 Census.

Reidville ranks 142 by 2021 Census population among the covered places in Newfoundland and Labrador.

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

Reidville is one of 322 covered Newfoundland and Labrador places, counted at 550 residents with a land area of 58.3 square kilometres.

The density figure for Reidville, 9.4 people per square kilometre, is calculated from the population and land area above.

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

loanmoose.ca is not a lender and does not make credit decisions. The lowest rates are only available to the most qualified applicants.

The 2021 Census of Population published by Statistics Canada is the source for population and land area; the federal Payday Lending Regulations (SOR/2024-114) are the source for payday rules.

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