Borrowing in Val-Alain, Quebec

A loan taken out in Val-Alain is governed by Quebec's licensing rules, and the 2021 Census counted 986 people in the community.

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.

How borrowing works locally

A credit file is compiled by private agencies from information lenders and other creditors report.

A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached. A lender is free to set its own price below the legal ceiling, and it does so according to the risk it reads in the file.

The Quebec rules that apply

Consumer lending in Quebec is licensed provincially or territorially, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position appears.

For Quebec, the federal Payday Lending Regulations (SOR/2024-114) record that payday lending is not licensed, so the cost limit should be confirmed with the provincial regulator.

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

The census figures for Val-Alain

Population for Val-Alain stands at 986 in the 2021 Census. The census records a land area of 102.5 square kilometres for Val-Alain.

That gives a density of 9.6 people per square kilometre, rounded to one decimal place.

The community is the 666th largest place in the province within this census set.

Within Quebec, Val-Alain is place number 666 by population in this census set, at 986 residents.

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

The land area recorded for Val-Alain is 102.5 square kilometres, and the population is 986 residents in the 2021 Census.

At 986 residents in the 2021 Census, Val-Alain is listed alongside the other covered places in Quebec.

Val-Alain sits at rank 666 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

Val-Alain is one of 1150 covered Quebec places, counted at 986 residents with a land area of 102.5 square kilometres.

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

Readers comparing Val-Alain with another community can use the same four census fields.

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

The density figure for Val-Alain, 9.6 people per square kilometre, is calculated from the population and land area above.

Val-Alain appears in the census record with 986 residents, and the density of 9.6 people per square kilometre follows from it.

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).

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.