Borrowing in Stephenville, Newfoundland and Labrador

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

The Newfoundland and Labrador rules that apply

Provincial or territorial law decides who may lend in Newfoundland and Labrador, and the Financial Consumer Agency of Canada publishes the list that names the regulator responsible.

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.

Municipalities of this size are grouped together here, with the province setting the licensing position for all of them.

The census figures for Stephenville

6,540 people were counted in Stephenville in the 2021 Census. 35.3 square kilometres of land are attributed to Stephenville.

The calculated density is 185.4 people per square kilometre.

Among covered Newfoundland and Labrador places, Stephenville sits at rank 13 by population.

Stephenville therefore appears at rank 13 of 322 covered Newfoundland and Labrador places, with a density of 185.4 people per square kilometre.

Products compared here

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

• Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.
• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.

How borrowing works locally

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender. A credit file is compiled by private agencies from information lenders and other creditors report.

Stephenville is one of 322 covered Newfoundland and Labrador places, counted at 6,540 residents with a land area of 35.3 square kilometres.

At 6,540 residents in the 2021 Census, Stephenville is listed alongside the other covered places in Newfoundland and Labrador.

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

The density figure for Stephenville, 185.4 people per square kilometre, is calculated from the population and land area above.

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

Stephenville ranks 13 by 2021 Census population among the covered places in Newfoundland and Labrador.

The land area recorded for Stephenville is 35.3 square kilometres, and the population is 6,540 residents in the 2021 Census.

Stephenville sits at rank 13 within Newfoundland and Labrador in this data set, and the provincial rules apply as they do elsewhere.

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

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

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

Stephenville appears in the census record with 6,540 residents, and the density of 185.4 people per square kilometre follows from it.

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

Census figures are from Statistics Canada's 2021 Census of Population, and the payday position is taken from the federal Payday Lending Regulations (SOR/2024-114).

Compare the disclosure on any agreement against the provincial ceiling, and treat the census figures as the only local statistics on the page.