Borrowing in Sainte-Marie-Salomé, Quebec

Sainte-Marie-Salomé, Quebec, recorded a population of 1,221 in the 2021 Census; the rules that govern a loan signed there are provincial.

How borrowing works locally

Joint applications combine two incomes and two sets of obligations in the same assessment.

A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached. An application usually asks for identification, income evidence, banking details and a statement of obligations.

Products compared here

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

• Home equity loans: Converting property equity into credit, and the difference between a lump sum and a revolving limit.
• Payday loans: Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit.

The census figures for Sainte-Marie-Salomé

Statistics Canada's 2021 Census gives Sainte-Marie-Salomé a population of 1,221. The census records a land area of 33.8 square kilometres for Sainte-Marie-Salomé.

That gives a density of 36.1 people per square kilometre, rounded to one decimal place.

The community is the 575th largest place in the province within this census set.

Within Quebec, Sainte-Marie-Salomé is place number 575 by population in this census set, at 1,221 residents.

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.

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.

The lowest band groups villages, rural municipalities and small towns, all read against the same provincial rulebook.

At 1,221 residents in the 2021 Census, Sainte-Marie-Salomé is listed alongside the other covered places in Quebec.

The density figure for Sainte-Marie-Salomé, 36.1 people per square kilometre, is calculated from the population and land area above.

Sainte-Marie-Salomé is one of 1150 covered Quebec places, counted at 1,221 residents with a land area of 33.8 square kilometres.

Readers comparing Sainte-Marie-Salomé with another community can use the same four census fields.

For Sainte-Marie-Salomé, the two census fields above are the only local statistics used anywhere on the page.

Sainte-Marie-Salomé appears in the census record with 1,221 residents, and the density of 36.1 people per square kilometre follows from it.

The land area recorded for Sainte-Marie-Salomé is 33.8 square kilometres, and the population is 1,221 residents in the 2021 Census.

Sainte-Marie-Salomé sits at rank 575 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

Where a figure for Sainte-Marie-Salomé could not be verified, the page names the publisher instead of printing a number.

Sainte-Marie-Salomé ranks 575 by 2021 Census population among the covered places in Quebec.

Nothing on the Sainte-Marie-Salomé 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.

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.

The same structure is used for every place covered, so two communities can be compared field by field: population, land area, density, rank, and the provincial rules.