Borrowing in Cocagne, New Brunswick

Cocagne is one of the New Brunswick communities covered here, with a 2021 Census population of 2,757, and borrowing there is licensed under New Brunswick's consumer credit rules.

The census figures for Cocagne

2,757 people were counted in Cocagne in the 2021 Census. 69.2 square kilometres of land are attributed to Cocagne.

Population divided by land area produces a density of 39.8 people per square kilometre.

The 2021 Census population places it at rank 52 in the province.

Cocagne therefore appears at rank 52 of 256 covered New Brunswick places, with a density of 39.8 people per square kilometre.

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.

The federal Payday Lending Regulations (SOR/2024-114) list New Brunswick 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.

Places in the smallest population band are grouped here as small communities, and the pages carry the same census fields and the same provincial rules as the largest city.

How borrowing works locally

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. A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments.

Products compared here

The product pages behind this city cover the following borrowing categories, among the 20 products compared nationally.

• Emergency loans: Money for an urgent expense, and the order in which a sensible borrower works through the options.
• Unsecured loans: Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone.

The density figure for Cocagne, 39.8 people per square kilometre, is calculated from the population and land area above.

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

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

The land area recorded for Cocagne is 69.2 square kilometres, and the population is 2,757 residents in the 2021 Census.

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

Cocagne ranks 52 by 2021 Census population among the covered places in New Brunswick.

Cocagne is one of 256 covered New Brunswick places, counted at 2,757 residents with a land area of 69.2 square kilometres.

Cocagne sits at rank 52 within New Brunswick in this data set, and the provincial rules apply as they do elsewhere.

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

Cocagne appears in the census record with 2,757 residents, and the density of 39.8 people per square kilometre follows from it.

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

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

The 2021 Census of Population published by Statistics Canada is the source for population and land area; the federal Payday Lending Regulations (SOR/2024-114) are the source for payday rules.

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