Borrowing in Spaniard's Bay, Newfoundland and Labrador

With 2,630 residents counted in the 2021 Census, Spaniard's Bay sits inside Newfoundland and Labrador's provincial lending framework.

The census figures for Spaniard's Bay

2,630 people were counted in Spaniard's Bay in the 2021 Census. The census records a land area of 66.1 square kilometres for Spaniard's Bay.

Dividing population by land area gives 39.8 residents per square kilometre, rounded to one decimal place.

Its provincial population rank is 29 within this data set.

Spaniard's Bay sits at rank 29 among the 322 Newfoundland and Labrador places here, with 2,630 residents in the 2021 Census.

Products compared here

The product pages behind this city cover the following borrowing categories, among the 20 products compared nationally.

• 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.

The Newfoundland and Labrador rules that apply

The regulator for consumer credit in Newfoundland and Labrador is the body listed by the federal Payday Lending Regulations (SOR/2024-114) 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.

How borrowing works locally

A lender may ask for proof of address, and a permanent address is a standard requirement for consumer credit.

A broker arranges credit but does not lend, and the lender remains the party that makes the decision. A mortgage is registered against the property, which is what gives the lender its claim.

Readers comparing Spaniard's Bay with another community can use the same four census fields.

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

Where a figure for Spaniard's Bay could not be verified, the page names the publisher instead of printing a number.

Spaniard's Bay ranks 29 by 2021 Census population among the covered places in Newfoundland and Labrador.

At 2,630 residents in the 2021 Census, Spaniard's Bay is listed alongside the other covered places in Newfoundland and Labrador.

For Spaniard's Bay, the two census fields above are the only local statistics used anywhere on the page.

The Spaniard's Bay page follows the same structure as every other place page, with population, land area, density and rank.

Spaniard's Bay appears in the census record with 2,630 residents, and the density of 39.8 people per square kilometre follows from it.

The density figure for Spaniard's Bay, 39.8 people per square kilometre, is calculated from the population and land area above.

Spaniard's Bay is one of 322 covered Newfoundland and Labrador places, counted at 2,630 residents with a land area of 66.1 square kilometres.

The land area recorded for Spaniard's Bay is 66.1 square kilometres, and the population is 2,630 residents in the 2021 Census.

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.