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Borrowing in Hope Town, Quebec

Borrowing in Hope Town is licensed by Quebec, and the 2021 Census counted 334 people across 51.3 square kilometres.

Province Quebec (QC)
Population, 2021 Census 334
Land area 51.3 km²
Provincial regulator See the FCAC list

Hope Town is one of the Quebec communities covered here, with a 2021 Census population of 334, and borrowing there is licensed under Quebec's consumer credit rules.

The census figures for Hope Town

In the 2021 Census, Hope Town had 334 residents. 51.3 square kilometres of land are attributed to Hope Town.

That gives a density of 6.5 people per square kilometre, rounded to one decimal place.

Among covered Quebec places, Hope Town sits at rank 1039 by population.

Within Quebec, Hope Town is place number 1039 by population in this census set, at 334 residents.

Products compared here

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

  • Personal loans: A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept.
  • Mortgage loans: Borrowing against residential property, including how a federally regulated lender tests the file.

The Quebec rules that apply

Consumer lending in Quebec 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) are explicit that Quebec does not license payday lending, which changes which rules a short-term advance falls under.

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 revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators. A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments.

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

At 334 residents in the 2021 Census, Hope Town is listed alongside the other covered places in Quebec.

Hope Town appears in the census record with 334 residents, and the density of 6.5 people per square kilometre follows from it.

Hope Town ranks 1039 by 2021 Census population among the covered places in Quebec.

Hope Town sits at rank 1039 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

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

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

The land area recorded for Hope Town is 51.3 square kilometres, and the population is 334 residents in the 2021 Census.

Hope Town is one of 1150 covered Quebec places, counted at 334 residents with a land area of 51.3 square kilometres.

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

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

The density figure for Hope Town, 6.5 people per square kilometre, is calculated from the population and land area above.

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.

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

Borrowing in Hope Town

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.

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