Borrowing in Moose Point 79, Ontario

This page covers borrowing in Moose Point 79, Ontario: the census facts, the provincial rules, and the products people compare.

How borrowing works locally

A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender.

An application usually asks for identification, income evidence, banking details and a statement of obligations. A longer amortisation lowers each payment and raises the total interest paid over the life of the loan.

Products compared here

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

• 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.

The census figures for Moose Point 79

Moose Point 79 recorded a population of 213 in Statistics Canada's 2021 Census of Population. Its land area is 3.1 square kilometres.

Population divided by land area produces a density of 67.8 people per square kilometre.

By population it ranks 490 among the Ontario places covered here.

Within Ontario, Moose Point 79 is place number 490 by population in this census set, at 213 residents.

The Ontario rules that apply

Consumer lending in Ontario is licensed provincially or territorially, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position appears.

The federal Payday Lending Regulations (SOR/2024-114) list Ontario 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.

At the small end of the census range, the community still borrows inside the province's licensing system.

Moose Point 79 sits at rank 490 within Ontario in this data set, and the provincial rules apply as they do elsewhere.

Moose Point 79 is one of 527 covered Ontario places, counted at 213 residents with a land area of 3.1 square kilometres.

Readers comparing Moose Point 79 with another community can use the same four census fields.

At 213 residents in the 2021 Census, Moose Point 79 is listed alongside the other covered places in Ontario.

The Moose Point 79 page follows the same structure as every other place page, with population, land area, density and rank.

Moose Point 79 appears in the census record with 213 residents, and the density of 67.8 people per square kilometre follows from it.

Nothing on the Moose Point 79 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Where a figure for Moose Point 79 could not be verified, the page names the publisher instead of printing a number.

The density figure for Moose Point 79, 67.8 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Moose Point 79 is 3.1 square kilometres, and the population is 213 residents in the 2021 Census.

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.

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