Borrowing in Twillingate, Newfoundland and Labrador

With 2,121 residents counted in the 2021 Census, Twillingate sits inside Newfoundland and Labrador's provincial lending framework.

The census figures for Twillingate

Twillingate recorded a population of 2,121 in Statistics Canada's 2021 Census of Population. Its land area is 25.6 square kilometres.

Population divided by land area produces a density of 82.9 people per square kilometre.

The 2021 Census population places it at rank 37 in the province.

Twillingate is one of 322 places listed for Newfoundland and Labrador, ranked 37 by population and measured at 25.6 square kilometres.

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 prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached.

A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender. A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

Products compared here

Each product below has its own page, and the Newfoundland and Labrador position applies to all of them.

• Mortgage refinancing: Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs.
• Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.

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

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

Twillingate sits at rank 37 within Newfoundland and Labrador in this data set, and the provincial rules apply as they do elsewhere.

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

The density figure for Twillingate, 82.9 people per square kilometre, is calculated from the population and land area above.

Twillingate is one of 322 covered Newfoundland and Labrador places, counted at 2,121 residents with a land area of 25.6 square kilometres.

Twillingate ranks 37 by 2021 Census population among the covered places in Newfoundland and Labrador.

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

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

Twillingate appears in the census record with 2,121 residents, and the density of 82.9 people per square kilometre follows from it.

The land area recorded for Twillingate is 25.6 square kilometres, and the population is 2,121 residents in the 2021 Census.

At 2,121 residents in the 2021 Census, Twillingate 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).

Lending rules change, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position is confirmed.