L'Islet-sur-Mer

Effective Debt Relief Solutions & Proposal

_{L’Islet-sur-Mer, debt relief, Quebec}

L’Islet-sur-Mer, a small Quebec community by the St. Lawrence River, faces significant financial challenges due to lower average incomes and limited job opportunities. Residents, especially older ones, often struggle to cover essential expenses, leading to increased debt. The community’s charm and natural beauty contrast with the economic stress that complicates debt relief and financial stability for its inhabitants.

City: L’Islet-sur-Mer
Province/Territory: Quebec (QC), Canada
Est. Population: 3,999

Financial Challenges

People living and working in L’Islet-sur-Mer often face money problems because the average income is lower than in other parts of Quebec. This makes it hard to pay for things like rent, food, and bills. Many older residents have low incomes, which adds to the financial stress. Additionally, there aren’t enough jobs available, and fewer people are working compared to the rest of the province. This makes it difficult for those struggling with money to find new jobs or earn more.

The local economy is also challenging because the population is getting older, and there are fewer workers to support the community. With fewer job opportunities and lower incomes, families may find it hard to save money or pay off debts. This can lead to more people falling into debt and finding it difficult to improve their financial situation. Overall, living in L’Islet-sur-Mer can be tough for those who are having money problems.

Debt Relief Solutions Available

_{*Illustration of L’Islet-sur-Mer, Quebec}

Debt Data

This table includes estimates on the number of residents who are experiencing financial stress situations. You are not alone.

_{The estimates above are based on the following ratios living paycheck to paycheck rate (47%), poverty rate (11.1%), delinquency rate (1.09%), insolvency rate (0.25%), consumer proposal rate (0.19%), personal bankruptcy rate (.06%) from the following sources leger360.com, statcan.gc.ca, consumer.equifax.ca and is, d-isde.canada.ca.}

Areas / Neighbourhoods

• Rue Principale: This is the central road in L’Islet-sur-Mer, lined with local shops, restaurants, and community services. It’s a vibrant area that serves as a hub for both residents and visitors.

• Plage de L’Islet: This picturesque beach area is popular in the summer months, offering stunning views of the St. Lawrence River. It provides recreational opportunities such as swimming, sunbathing, and picnicking.

• Parc de la Plage: Adjacent to the beach, this park features picnic areas, walking paths, and playgrounds for families. It’s a great spot for relaxation and outdoor activities.

• Vieux L’Islet: The historic district of L’Islet-sur-Mer, characterized by charming architecture and quaint streets. This area offers a glimpse into the town’s history and includes several heritage buildings.

• Port de L’Islet: This marina area is ideal for boating enthusiasts and offers docking facilities as well as scenic views of the river. It’s a gathering place for locals and visitors looking to enjoy water activities.

• Côte de l’Église: A residential neighborhood known for its peaceful atmosphere and proximity to local amenities. It features beautiful gardens and is a short distance from various recreational sites.

_{Illustration of L’Islet-sur-Mer, Quebec, Canada}

Cost of Living

This table provides a breakdown of various average cost-of-living expenses in L’Islet-sur-Mer, Canada to help understand the financial requirements for different living situations.

_{The cost of living data is based on provincial averages and may differ between cities, towns, and rural areas.}

Top Questions

1. What is the cost of living in L’Islet-sur-Mer compared to other cities in Quebec?
2. How does the job market in L’Islet-sur-Mer impact local residents’ financial stability?
3. What are the average salaries for different professions in L’Islet-sur-Mer?
4. Are there financial assistance programs available for residents facing economic challenges in L’Islet-sur-Mer?
5. How has the real estate market in L’Islet-sur-Mer changed in recent years, and what does it mean for potential homebuyers?
6. What are the primary sources of income for residents in L’Islet-sur-Mer?
7. How do utility costs and other household expenses in L’Islet-sur-Mer compare to provincial averages?
   

If you have a question about debt see our debt related question or ask your own debt related question.

Overview

Nestled along the St. Lawrence River, this small community in Quebec has a population of approximately 652 people, based on the 2021 Census. It’s known for its beautiful waterfront and outdoor activities, making it a charming spot for both residents and visitors. The area has a rich cultural history and is surrounded by nature, with opportunities for hiking, fishing, and enjoying picturesque views of the river. The community offers a peaceful atmosphere and a close-knit environment, where local traditions and events often bring people together throughout the year.