Borrowing in Louiseville, Quebec

Louiseville is one of the Quebec communities covered here, with a 2021 Census population of 7,340, and borrowing there is licensed under Quebec's consumer credit rules.

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.

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 lower-middle band group smaller towns and municipalities under the same provincial framework.

How borrowing works locally

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

A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators. Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation.

The census figures for Louiseville

In the 2021 Census, Louiseville had 7,340 residents. The census records a land area of 62.6 square kilometres for Louiseville.

The arithmetic gives 117.3 people per square kilometre.

The community is the 139th largest place in the province within this census set.

The place record for Louiseville covers 62.6 square kilometres and 7,340 residents, a density of 117.3 people per square kilometre.

Products compared here

Each product below has its own page, and the Quebec position applies to all of them.

• Home equity loans: Converting property equity into credit, and the difference between a lump sum and a revolving limit.
• Payday loans: Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit.

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

Louiseville appears in the census record with 7,340 residents, and the density of 117.3 people per square kilometre follows from it.

At 7,340 residents in the 2021 Census, Louiseville is listed alongside the other covered places in Quebec.

Louiseville is one of 1150 covered Quebec places, counted at 7,340 residents with a land area of 62.6 square kilometres.

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

Louiseville ranks 139 by 2021 Census population among the covered places in Quebec.

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

Louiseville sits at rank 139 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

The land area recorded for Louiseville is 62.6 square kilometres, and the population is 7,340 residents in the 2021 Census.

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

The density figure for Louiseville, 117.3 people per square kilometre, is calculated from the population and land area above.

Readers comparing Louiseville 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.

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.

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