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Borrowing in Matane, Quebec

Matane, Quebec: 13,987 residents in the 2021 Census, 195.5 square kilometres of land, and the provincial lending rules that apply across Quebec.

Province Quebec (QC)
Population, 2021 Census 13,987
Land area 195.5 km²
Provincial regulator See the FCAC list

Matane is one of the Quebec communities covered here, with a 2021 Census population of 13,987, and borrowing there is licensed under Quebec's consumer credit rules.

How borrowing works locally

Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term.

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.

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 Matane

Matane recorded a population of 13,987 in Statistics Canada's 2021 Census of Population. The community covers 195.5 square kilometres of land.

Dividing population by land area gives 71.5 residents per square kilometre, rounded to one decimal place.

By population it ranks 82 among the Quebec places covered here.

Matane therefore appears at rank 82 of 1150 covered Quebec places, with a density of 71.5 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.

The lower-middle band covers towns of moderate size, none of which sets its own lending rules.

The density figure for Matane, 71.5 people per square kilometre, is calculated from the population and land area above.

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

Matane sits at rank 82 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

The land area recorded for Matane is 195.5 square kilometres, and the population is 13,987 residents in the 2021 Census.

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

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

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

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

Matane appears in the census record with 13,987 residents, and the density of 71.5 people per square kilometre follows from it.

At 13,987 residents in the 2021 Census, Matane is listed alongside the other covered places in Quebec.

Matane ranks 82 by 2021 Census population among the 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.

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).

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

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

Borrowing in Matane

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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