Borrowing in St. Mary's, Newfoundland and Labrador

With 313 residents counted in the 2021 Census, St. Mary's sits inside Newfoundland and Labrador's provincial lending framework.

The Newfoundland and Labrador rules that apply

Consumer credit in Newfoundland and Labrador is licensed by the provincial or territorial regulator, and the Financial Consumer Agency of Canada publishes the list of 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.

This is a small community by population, inside the lowest band used on this site, and the provincial framework applies without variation.

How borrowing works locally

Payment history is reported to credit agencies, and that record is what builds or damages a credit file over time.

A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes. A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender.

The census figures for St. Mary's

The 2021 Census counted 313 residents in St. Mary's. Land area for St. Mary's is 36.4 square kilometres in the same census.

On those two figures, density is 8.6 residents per square kilometre when rounded to one decimal place.

Its provincial population rank is 216 within this data set.

St. Mary's therefore appears at rank 216 of 322 covered Newfoundland and Labrador places, with a density of 8.6 people per square kilometre.

Products compared here

Among the 20 products compared here, these two are commonly used for the purposes described.

• 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.

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

Readers comparing St. Mary's with another community can use the same four census fields.

The density figure for St. Mary's, 8.6 people per square kilometre, is calculated from the population and land area above.

St. Mary's appears in the census record with 313 residents, and the density of 8.6 people per square kilometre follows from it.

At 313 residents in the 2021 Census, St. Mary's is listed alongside the other covered places in Newfoundland and Labrador.

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

The land area recorded for St. Mary's is 36.4 square kilometres, and the population is 313 residents in the 2021 Census.

St. Mary's sits at rank 216 within Newfoundland and Labrador in this data set, and the provincial rules apply as they do elsewhere.

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

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

St. Mary's is one of 322 covered Newfoundland and Labrador places, counted at 313 residents with a land area of 36.4 square kilometres.

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).

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.