Borrowing in Sagard, Quebec

Sagard is one of the Quebec communities covered here, with a 2021 Census population of 110, and borrowing there is licensed under Quebec's consumer credit rules.

The census figures for Sagard

The 2021 Census counted 110 residents in Sagard. Its land area is 204.6 square kilometres.

Population divided by land area produces a density of 0.5 people per square kilometre.

Among covered Quebec places, Sagard sits at rank 1149 by population.

Compared with the other 1150 covered Quebec places, Sagard ranks 1149 by population.

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.

At the small end of the census range, the community still borrows inside the province's licensing system.

How borrowing works locally

A longer amortisation lowers each payment and raises the total interest paid over the life of the loan.

Payment history is reported to credit agencies, and that record is what builds or damages a credit file over time. A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

Products compared here

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

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

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

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

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

The land area recorded for Sagard is 204.6 square kilometres, and the population is 110 residents in the 2021 Census.

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

The density figure for Sagard, 0.5 people per square kilometre, is calculated from the population and land area above.

Sagard ranks 1149 by 2021 Census population among the covered places in Quebec.

Sagard appears in the census record with 110 residents, and the density of 0.5 people per square kilometre follows from it.

Sagard is one of 1150 covered Quebec places, counted at 110 residents with a land area of 204.6 square kilometres.

Sagard sits at rank 1149 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

At 110 residents in the 2021 Census, Sagard 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.

The 2021 Census of Population published by Statistics Canada is the source for population and land area; the federal Payday Lending Regulations (SOR/2024-114) are the source for payday rules.

The provincial rules apply wherever a borrower is in Quebec; a municipal boundary does not change them.