Borrowing in Amherst, Quebec

Amherst is one of the Quebec places covered here, with 1,728 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

The Quebec rules that apply

Licensing for consumer credit in Quebec sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public list of provincial and territorial regulators.

Payday lending is not licensed in Quebec; the federal Payday Lending Regulations (SOR/2024-114) list Quebec separately from the provinces that operate a licensed payday regime.

The lowest band groups villages, rural municipalities and small towns, all read against the same provincial rulebook.

The census figures for Amherst

In the 2021 Census, Amherst had 1,728 residents. 227.9 square kilometres of land are attributed to Amherst.

The arithmetic gives 7.6 people per square kilometre.

By population it ranks 460 among the Quebec places covered here.

Amherst is one of 1150 places listed for Quebec, ranked 460 by population and measured at 227.9 square kilometres.

Products compared here

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

• 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

A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent. A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes.

Amherst sits at rank 460 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

Amherst appears in the census record with 1,728 residents, and the density of 7.6 people per square kilometre follows from it.

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

Amherst ranks 460 by 2021 Census population among the covered places in Quebec.

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

The land area recorded for Amherst is 227.9 square kilometres, and the population is 1,728 residents in the 2021 Census.

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

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

At 1,728 residents in the 2021 Census, Amherst is listed alongside the other covered places in Quebec.

Amherst is one of 1150 covered Quebec places, counted at 1,728 residents with a land area of 227.9 square kilometres.

The density figure for Amherst, 7.6 people per square kilometre, is calculated from the population and land area above.

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

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.

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