Borrowing in Low, Quebec

Low is one of the Quebec communities covered here, with a 2021 Census population of 1,020, and borrowing there is licensed under Quebec's consumer credit rules.

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.

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.

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 deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed. A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one.

The census figures for Low

1,020 people were counted in Low in the 2021 Census. Land area for Low is 257.8 square kilometres in the same census.

The calculated density is 4.0 people per square kilometre.

By population it ranks 656 among the Quebec places covered here.

Within Quebec, Low is place number 656 by population in this census set, at 1,020 residents.

Products compared here

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

• Collateral loans: Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.
• Car loans: Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit.

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

The land area recorded for Low is 257.8 square kilometres, and the population is 1,020 residents in the 2021 Census.

Low appears in the census record with 1,020 residents, and the density of 4.0 people per square kilometre follows from it.

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

Low is one of 1150 covered Quebec places, counted at 1,020 residents with a land area of 257.8 square kilometres.

Low sits at rank 656 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

Low ranks 656 by 2021 Census population among the covered places in Quebec.

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

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

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

The density figure for Low, 4.0 people per square kilometre, is calculated from the population and land area above.

At 1,020 residents in the 2021 Census, Low is listed alongside the other covered places in Quebec.

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.

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