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Borrowing in Notre-Dame-de-la-Merci, Quebec

How borrowing works in Notre-Dame-de-la-Merci, Quebec, where the 2021 Census counted 1,097 residents.

Province Quebec (QC)
Population, 2021 Census 1,097
Land area 248.6 km²
Provincial regulator See the FCAC list

With 1,097 residents counted in the 2021 Census, Notre-Dame-de-la-Merci sits inside Quebec's provincial lending framework.

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.

Payday lending is not licensed in Quebec; the federal Payday Lending Regulations (SOR/2024-114) list Quebec separately from the provinces that operate a licensed payday regime.

Small places are covered the same way as large ones: census figures for the place, and the provincial position on lending.

How borrowing works locally

Debt management plans are administered by accredited credit counsellors, and they are not loans.

A credit file is compiled by private agencies from information lenders and other creditors report. Joint applications combine two incomes and two sets of obligations in the same assessment.

The census figures for Notre-Dame-de-la-Merci

The 2021 Census counted 1,097 residents in Notre-Dame-de-la-Merci. The community covers 248.6 square kilometres of land.

On those two figures, density is 4.4 residents per square kilometre when rounded to one decimal place.

Notre-Dame-de-la-Merci ranks 621 by population among the Quebec places on this site.

Notre-Dame-de-la-Merci sits at rank 621 among the 1150 Quebec places here, with 1,097 residents in the 2021 Census.

Products compared here

Among the 20 products compared here, these two are commonly used for the purposes described.

  • Car loans: Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit.
  • Debt consolidation loans: Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps.

Where a figure for Notre-Dame-de-la-Merci could not be verified, the page names the publisher instead of printing a number.

The density figure for Notre-Dame-de-la-Merci, 4.4 people per square kilometre, is calculated from the population and land area above.

Notre-Dame-de-la-Merci is one of 1150 covered Quebec places, counted at 1,097 residents with a land area of 248.6 square kilometres.

The Notre-Dame-de-la-Merci page follows the same structure as every other place page, with population, land area, density and rank.

For Notre-Dame-de-la-Merci, the two census fields above are the only local statistics used anywhere on the page.

Notre-Dame-de-la-Merci sits at rank 621 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

Notre-Dame-de-la-Merci appears in the census record with 1,097 residents, and the density of 4.4 people per square kilometre follows from it.

The land area recorded for Notre-Dame-de-la-Merci is 248.6 square kilometres, and the population is 1,097 residents in the 2021 Census.

At 1,097 residents in the 2021 Census, Notre-Dame-de-la-Merci is listed alongside the other covered places in Quebec.

Readers comparing Notre-Dame-de-la-Merci with another community can use the same four census fields.

Notre-Dame-de-la-Merci ranks 621 by 2021 Census population among the covered places in Quebec.

Nothing on the Notre-Dame-de-la-Merci page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

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).

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 Notre-Dame-de-la-Merci

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.

Nearby places

Montréal 1,762,949 Québec 549,459 Laval 438,366 Gatineau 291,041 Longueuil 254,483 Sherbrooke 172,950

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