Borrowing in Rigolet, Newfoundland and Labrador

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

The census figures for Rigolet

327 people were counted in Rigolet in the 2021 Census. Statistics Canada lists 5.3 square kilometres of land for the community.

That gives a density of 62.0 people per square kilometre, rounded to one decimal place.

The 2021 Census population places it at rank 209 in the province.

The place record for Rigolet covers 5.3 square kilometres and 327 residents, a density of 62.0 people per square kilometre.

Products compared here

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

• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.
• Home renovation loans: Paying for work on a property, from a small unsecured instalment loan to a secured renovation product.

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.

A payday advance in Newfoundland and Labrador falls under a provincial licensing regime, and the cost of borrowing is capped at $14 per $100 advanced according to the federal Payday Lending Regulations (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.

How borrowing works locally

Joint applications combine two incomes and two sets of obligations in the same assessment.

Payment history is reported to credit agencies, and that record is what builds or damages a credit file over time. A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

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

Rigolet appears in the census record with 327 residents, and the density of 62.0 people per square kilometre follows from it.

Rigolet sits at rank 209 within Newfoundland and Labrador in this data set, and the provincial rules apply as they do elsewhere.

Rigolet is one of 322 covered Newfoundland and Labrador places, counted at 327 residents with a land area of 5.3 square kilometres.

The land area recorded for Rigolet is 5.3 square kilometres, and the population is 327 residents in the 2021 Census.

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

The density figure for Rigolet, 62.0 people per square kilometre, is calculated from the population and land area above.

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

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

At 327 residents in the 2021 Census, Rigolet is listed alongside the other covered places in Newfoundland and Labrador.

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).

Nothing here is an offer, and no page on this site can tell anyone what a lender will decide.