Compare loans

Borrowing in Matachewan, Ontario

A guide to borrowing in Matachewan, Ontario, with the 2021 Census population of 268 and the provincial rules that apply locally.

Province Ontario (ON)
Population, 2021 Census 268
Land area 539.6 km²
Provincial regulator See the FCAC list

A loan taken out in Matachewan is governed by Ontario's licensing rules, and the 2021 Census counted 268 people in the community.

The census figures for Matachewan

Matachewan recorded a population of 268 in Statistics Canada's 2021 Census of Population. The census records a land area of 539.6 square kilometres for Matachewan.

The calculated density is 0.5 people per square kilometre.

Among covered Ontario places, Matachewan sits at rank 474 by population.

Compared with the other 527 covered Ontario places, Matachewan ranks 474 by population.

Products compared here

The site describes 20 products in total; the two below are representative of the range.

  • Debt consolidation loans: Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps.
  • Personal loans: A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept.

The Ontario rules that apply

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

Payday lending is licensed in Ontario; 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 is free to set its own price below the legal ceiling, and it does so according to the risk it reads in the file.

A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender. Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists.

The density figure for Matachewan, 0.5 people per square kilometre, is calculated from the population and land area above.

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

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

At 268 residents in the 2021 Census, Matachewan is listed alongside the other covered places in Ontario.

Matachewan sits at rank 474 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

Matachewan ranks 474 by 2021 Census population among the covered places in Ontario.

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

Matachewan appears in the census record with 268 residents, and the density of 0.5 people per square kilometre follows from it.

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

Matachewan is one of 527 covered Ontario places, counted at 268 residents with a land area of 539.6 square kilometres.

The land area recorded for Matachewan is 539.6 square kilometres, and the population is 268 residents in the 2021 Census.

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

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

The 2021 Census of Population published by Statistics Canada is the source for population and land area; the federal Payday Lending Regulations (SOR/2024-114) are the source for payday rules.

Nothing here is an offer, and no page on this site can tell anyone what a lender will decide.

Population and land area: Statistics Canada, Census of Population 2021, table 98-10-0002.

Borrowing in Matachewan

Personal loans A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept. Bad credit loans Borrowing when the credit file is damaged, and what changes about price and security as a result. No credit check loans What lenders who advertise without a credit check actually look at instead, and where the cost goes. Lines of credit A revolving limit you draw on and repay, usually paying interest only on what is outstanding. Unsecured loans Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone. Secured loans Borrowing against an asset, which lowers the price but puts the asset at risk if you default. Car loans Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit. Mortgage loans Borrowing against residential property, including how a federally regulated lender tests the file. Home equity loans Converting property equity into credit, and the difference between a lump sum and a revolving limit. Mortgage refinancing Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs. Home renovation loans Paying for work on a property, from a small unsecured instalment loan to a secured renovation product. Business loans Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit. Business lines of credit A revolving operating limit for a business, and why it behaves differently from a term loan. Debt consolidation loans Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps. Debt relief programs The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them. Payday loans Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit. Cash advance loans Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance. Emergency loans Money for an urgent expense, and the order in which a sensible borrower works through the options. Instalment loans A fixed number of fixed payments, sized larger and longer than a payday advance. Collateral loans Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.

Nearby places

Frequently asked questions

Related

Compare loan offers

Compare options from Canadian lending partners. We are not a lender and we do not make credit decisions.

See partner options

Advertising disclosure: loanmoose.ca may receive a referral fee if you continue through a partner link. That fee does not change the rate you are offered and it does not change what we publish. We are not a lender. Read the full disclosure.