Borrowing in St. Lawrence, Newfoundland and Labrador

St. Lawrence is one of the Newfoundland and Labrador communities covered here, with a 2021 Census population of 1,115, and borrowing there is licensed under Newfoundland and Labrador's consumer credit rules.

The census figures for St. Lawrence

1,115 people were counted in St. Lawrence in the 2021 Census. Land area for St. Lawrence is 34.9 square kilometres in the same census.

The arithmetic gives 32.0 people per square kilometre.

Among covered Newfoundland and Labrador places, St. Lawrence sits at rank 77 by population.

Compared with the other 322 covered Newfoundland and Labrador places, St. Lawrence ranks 77 by population.

Products compared here

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

• Debt relief programs: The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them.
• Bad credit loans: Borrowing when the credit file is damaged, and what changes about price and security as a result.

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.

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.

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

A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments.

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term. A mortgage is registered against the property, which is what gives the lender its claim.

The density figure for St. Lawrence, 32.0 people per square kilometre, is calculated from the population and land area above.

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

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

St. Lawrence appears in the census record with 1,115 residents, and the density of 32.0 people per square kilometre follows from it.

At 1,115 residents in the 2021 Census, St. Lawrence is listed alongside the other covered places in Newfoundland and Labrador.

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

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

St. Lawrence ranks 77 by 2021 Census population among the covered places in Newfoundland and Labrador.

The land area recorded for St. Lawrence is 34.9 square kilometres, and the population is 1,115 residents in the 2021 Census.

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

St. Lawrence sits at rank 77 within Newfoundland and Labrador in this data set, and the provincial rules apply as they do elsewhere.

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 provincial rules apply wherever a borrower is in Newfoundland and Labrador; a municipal boundary does not change them.