Borrowing in Brome, Quebec

Brome, Quebec, recorded a population of 341 in the 2021 Census; the rules that govern a loan signed there are provincial.

The census figures for Brome

341 people were counted in Brome in the 2021 Census. 11.6 square kilometres of land are attributed to Brome.

The arithmetic gives 29.5 people per square kilometre.

The 2021 Census population places it at rank 1033 in the province.

Compared with the other 1150 covered Quebec places, Brome ranks 1033 by population.

Products compared here

Two of the 20 covered products appear below, each with the purpose the product is designed for.

• Unsecured loans: Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone.
• Business loans: Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit.

The Quebec rules that apply

The body that licenses consumer lending in Quebec is the regulator named on the federal Payday Lending Regulations (SOR/2024-114)'s list of provincial and territorial regulators.

Because Quebec does not license payday lending, no provincial payday cap applies there, and the federal Payday Lending Regulations (SOR/2024-114) note the distinction.

This is a small community by population, inside the lowest band used on this site, and the provincial framework applies without variation.

How borrowing works locally

A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one.

A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes. Joint applications combine two incomes and two sets of obligations in the same assessment.

The density figure for Brome, 29.5 people per square kilometre, is calculated from the population and land area above.

At 341 residents in the 2021 Census, Brome is listed alongside the other covered places in Quebec.

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

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

The land area recorded for Brome is 11.6 square kilometres, and the population is 341 residents in the 2021 Census.

Brome appears in the census record with 341 residents, and the density of 29.5 people per square kilometre follows from it.

Brome ranks 1033 by 2021 Census population among the covered places in Quebec.

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

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

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

Brome sits at rank 1033 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

Brome is one of 1150 covered Quebec places, counted at 341 residents with a land area of 11.6 square kilometres.

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).

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