Borrowing in Pohénégamook, Quebec

A loan taken out in Pohénégamook is governed by Quebec's licensing rules, and the 2021 Census counted 2,481 people in the community.

The Quebec rules that apply

Provincial or territorial law decides who may lend in Quebec, and the Financial Consumer Agency of Canada publishes the list that names the regulator responsible.

Quebec is the province that does not license payday lending, so the federal cap that applies in licensed provinces has no provincial regime to sit inside.

Communities of this size are listed here with population, land area and density, and the lending rules remain provincial.

How borrowing works locally

Interest on a line of credit accrues only on the drawn portion, not on the unused limit.

A lender may ask for proof of address, and a permanent address is a standard requirement for consumer credit. A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one.

The census figures for Pohénégamook

Pohénégamook recorded a population of 2,481 in Statistics Canada's 2021 Census of Population. 340.0 square kilometres of land are attributed to Pohénégamook.

The calculated density is 7.3 people per square kilometre.

Among covered Quebec places, Pohénégamook sits at rank 338 by population.

Pohénégamook is one of 1150 places listed for Quebec, ranked 338 by population and measured at 340.0 square kilometres.

Products compared here

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

• 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.

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

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

The land area recorded for Pohénégamook is 340.0 square kilometres, and the population is 2,481 residents in the 2021 Census.

The density figure for Pohénégamook, 7.3 people per square kilometre, is calculated from the population and land area above.

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

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

At 2,481 residents in the 2021 Census, Pohénégamook is listed alongside the other covered places in Quebec.

Pohénégamook is one of 1150 covered Quebec places, counted at 2,481 residents with a land area of 340.0 square kilometres.

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

Pohénégamook ranks 338 by 2021 Census population among the covered places in Quebec.

Pohénégamook appears in the census record with 2,481 residents, and the density of 7.3 people per square kilometre follows from it.

Pohénégamook sits at rank 338 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

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).

Compare the disclosure on any agreement against the provincial ceiling, and treat the census figures as the only local statistics on the page.