Borrowing in Beresford, New Brunswick

A loan taken out in Beresford is governed by New Brunswick's licensing rules, and the 2021 Census counted 6,226 people in the community.

Products compared here

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

• Mortgage loans: Borrowing against residential property, including how a federally regulated lender tests the file.
• Debt relief programs: The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them.

How borrowing works locally

A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent. A longer amortisation lowers each payment and raises the total interest paid over the life of the loan.

The New Brunswick rules that apply

The body that licenses consumer lending in New Brunswick is the regulator named on the federal Payday Lending Regulations (SOR/2024-114)'s list of provincial and territorial regulators.

In New Brunswick, payday lending operates under a licensed provincial regime, and the federal Payday Lending Regulations (SOR/2024-114) record a maximum cost of borrowing of $14 for each $100 advanced under SOR/2024-114.

Size changes the census figures, not the rules; this community falls in the lower-middle band.

The census figures for Beresford

The 2021 Census counted 6,226 residents in Beresford. 455.6 square kilometres of land are attributed to Beresford.

The calculated density is 13.7 people per square kilometre.

The 2021 Census population places it at rank 18 in the province.

Within New Brunswick, Beresford is place number 18 by population in this census set, at 6,226 residents.

The density figure for Beresford, 13.7 people per square kilometre, is calculated from the population and land area above.

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

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

Beresford ranks 18 by 2021 Census population among the covered places in New Brunswick.

Beresford sits at rank 18 within New Brunswick in this data set, and the provincial rules apply as they do elsewhere.

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

Beresford is one of 256 covered New Brunswick places, counted at 6,226 residents with a land area of 455.6 square kilometres.

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

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

At 6,226 residents in the 2021 Census, Beresford is listed alongside the other covered places in New Brunswick.

Beresford appears in the census record with 6,226 residents, and the density of 13.7 people per square kilometre follows from it.

The land area recorded for Beresford is 455.6 square kilometres, and the population is 6,226 residents in the 2021 Census.

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

Census figures are from Statistics Canada's 2021 Census of Population, and the payday position is taken from the federal Payday Lending Regulations (SOR/2024-114).

Lending rules change, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position is confirmed.