Borrowing in Newfoundland and Labrador

Consumer credit in Newfoundland and Labrador is licensed at the provincial or territorial level rather than by the federal government, so a loan signed in St. John's is governed first by Newfoundland and Labrador's own consumer protection rules.

Licensing for lenders in Newfoundland and Labrador

Consumer credit in Newfoundland and Labrador is licensed by the provincial or territorial regulator, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators.

Payday lending in Newfoundland and Labrador

The federal Payday Lending Regulations (SOR/2024-114) list Newfoundland and Labrador among the provinces that regulate payday lending, where the federal Payday Lending Regulations (SOR/2024-114) cap the cost of borrowing at $14 per $100 advanced.

The census list for Newfoundland and Labrador

322 Newfoundland and Labrador communities have pages here, and the population leader is St. John's with 110,525 residents in the 2021 Census.

• St. John's: 110,525 residents; 446.0 square kilometres; density 247.8 people per square kilometre.
• Conception Bay South: 27,168 residents; 59.7 square kilometres; density 454.9 people per square kilometre.
• Paradise: 22,957 residents; 29.7 square kilometres; density 773.7 people per square kilometre.
• Mount Pearl: 22,477 residents; 15.7 square kilometres; density 1436.2 people per square kilometre.
• Corner Brook: 19,333 residents; 147.9 square kilometres; density 130.7 people per square kilometre.

• Grand Falls-Windsor: population 13,853; land area 54.8 square kilometres; density 252.6 people per square kilometre.
• Gander: population 11,880; land area 104.5 square kilometres; density 113.7 people per square kilometre.
• Portugal Cove-St. Philip's: population 8,415; land area 57.6 square kilometres; density 146.1 people per square kilometre.
• Happy Valley-Goose Bay: population 8,040; land area 304.5 square kilometres; density 26.4 people per square kilometre.
• Torbay: population 7,852; land area 34.9 square kilometres; density 225.1 people per square kilometre.

Borrowing products with Newfoundland and Labrador pages

20 product pages exist for each province, covering personal, secured, mortgage, business, debt and payday borrowing.

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).

Nothing on the Newfoundland and Labrador page is estimated; the place figures come from Statistics Canada and the payday position from the federal Payday Lending Regulations (SOR/2024-114).

Newfoundland and Labrador is described here using census figures for its places and the payday position published by the federal Payday Lending Regulations (SOR/2024-114).

The Newfoundland and Labrador page belongs to a set that follows one structure for every province and territory.

The Newfoundland and Labrador place list runs from St. John's at 110,525 residents to Seal Cove (Fortune Bay) at 100, all counted in the 2021 Census.

The Newfoundland and Labrador page describes how the rules work rather than what any reader should do.

Where a figure for Newfoundland and Labrador could not be verified against the publisher, the page names the publisher instead of printing a number.

Every figure in the Newfoundland and Labrador entry carries a publisher, and no figure is estimated.

Newfoundland and Labrador is listed here with the same fields as every other province page: regulator, payday position, places and products.

For Newfoundland and Labrador, the census record and the payday position are published by different bodies, and both are named on this page.

Newfoundland and Labrador is one of the jurisdictions covered here, and the page uses the same four blocks as every other: regulation, payday rules, places and products.

The Newfoundland and Labrador record names St. John's as its capital, and the covered place list starts with St. John's at 110,525 residents.

No figure on the Newfoundland and Labrador page is drawn from advertising; every number carries Statistics Canada or the federal Payday Lending Regulations (SOR/2024-114) its source.

Newfoundland and Labrador is one of the provinces and territories covered by these pages, and the capital named in the record is St. John's.

The record for Newfoundland and Labrador names St. John's as the capital and St. John's as the largest covered place, at 110,525 residents.

Newfoundland and Labrador is listed in this data set with 322 covered places, from St. John's to Seal Cove (Fortune Bay).

Newfoundland and Labrador is covered here with the census record for its places and the published financial position.

For Newfoundland and Labrador, the smallest covered place is Seal Cove (Fortune Bay) at 100 residents, and the largest is St. John's at 110,525.

A reader comparing Newfoundland and Labrador with a neighbouring province will find the same payday and licensing blocks in the same order.

Anyone comparing Newfoundland and Labrador with another province can read the same structure: regulator, payday rule, places and products.

The Newfoundland and Labrador figures on this page come from the 2021 Census of Population and from the federal Payday Lending Regulations (SOR/2024-114).

About these pages

loanmoose.ca is not a lender and does not make credit decisions. The lowest rates are only available to the most qualified applicants.

A published cap is a ceiling rather than a price, and a licensed lender may charge less than the maximum; the disclosure in the agreement is where the actual cost appears.