Borrowing in Derby, New Brunswick

Derby is one of the New Brunswick places covered here, with 938 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

The New Brunswick rules that apply

Consumer credit in New Brunswick is licensed by the provincial or territorial regulator, and the Financial Consumer Agency of Canada publishes the 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.

At the small end of the census range, the community still borrows inside the province's licensing system.

How borrowing works locally

A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one.

Debt management plans are administered by accredited credit counsellors, and they are not loans. 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 census figures for Derby

Derby recorded a population of 938 in Statistics Canada's 2021 Census of Population. The community covers 61.0 square kilometres of land.

Dividing population by land area gives 15.4 residents per square kilometre, rounded to one decimal place.

The 2021 Census population places it at rank 159 in the province.

Compared with the other 256 covered New Brunswick places, Derby ranks 159 by population.

Products compared here

Among the 20 products compared here, these two are commonly used for the purposes described.

• Debt consolidation loans: Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps.
• Personal loans: A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept.

At 938 residents in the 2021 Census, Derby is listed alongside the other covered places in New Brunswick.

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

Derby appears in the census record with 938 residents, and the density of 15.4 people per square kilometre follows from it.

Derby sits at rank 159 within New Brunswick in this data set, and the provincial rules apply as they do elsewhere.

Derby ranks 159 by 2021 Census population among the covered places in New Brunswick.

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

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

Derby is one of 256 covered New Brunswick places, counted at 938 residents with a land area of 61.0 square kilometres.

The land area recorded for Derby is 61.0 square kilometres, and the population is 938 residents in the 2021 Census.

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

The density figure for Derby, 15.4 people per square kilometre, is calculated from the population and land area above.

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

Statistics Canada's 2021 Census of Population supplies the population and land-area figures, and the federal Payday Lending Regulations (SOR/2024-114) supply the payday position.

Nothing here is an offer, and no page on this site can tell anyone what a lender will decide.