Borrowing in L'Islet, Quebec

With 3,803 residents counted in the 2021 Census, L'Islet sits inside Quebec's provincial lending framework.

How borrowing works locally

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

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed. Interest on a line of credit accrues only on the drawn portion, not on the unused limit.

Products compared here

The product pages behind this city cover the following borrowing categories, among the 20 products compared nationally.

• Payday loans: Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit.
• No credit check loans: What lenders who advertise without a credit check actually look at instead, and where the cost goes.

The census figures for L'Islet

3,803 people were counted in L'Islet in the 2021 Census. 120.0 square kilometres of land are attributed to L'Islet.

Population divided by land area produces a density of 31.7 people per square kilometre.

By population it ranks 227 among the Quebec places covered here.

The place record for L'Islet covers 120.0 square kilometres and 3,803 residents, a density of 31.7 people per square kilometre.

The Quebec rules that apply

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

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.

At 3,803 residents in the 2021 Census, L'Islet is listed alongside the other covered places in Quebec.

Readers comparing L'Islet with another community can use the same four census fields.

L'Islet is one of 1150 covered Quebec places, counted at 3,803 residents with a land area of 120.0 square kilometres.

L'Islet sits at rank 227 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

The density figure for L'Islet, 31.7 people per square kilometre, is calculated from the population and land area above.

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

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

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

L'Islet ranks 227 by 2021 Census population among the covered places in Quebec.

The land area recorded for L'Islet is 120.0 square kilometres, and the population is 3,803 residents in the 2021 Census.

L'Islet appears in the census record with 3,803 residents, and the density of 31.7 people per square kilometre follows from it.

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

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

Census figures are from Statistics Canada's 2021 Census of Population, and the payday position is taken from the federal Payday Lending Regulations (SOR/2024-114).

Lending rules change, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position is confirmed.