Borrowing in Fredericton, New Brunswick

A loan taken out in Fredericton is governed by New Brunswick's licensing rules, and the 2021 Census counted 63,116 people in the community.

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.

Payday lending is licensed in New Brunswick; the federal Payday Lending Regulations (SOR/2024-114) publish a cap of $14 per $100 advanced, and notes that a province may set a lower figure.

Mid-sized places carry the same product list and the same provincial position as the largest city in the province.

The census figures for Fredericton

Fredericton recorded a population of 63,116 in Statistics Canada's 2021 Census of Population. Statistics Canada lists 133.9 square kilometres of land for the community.

Population divided by land area produces a density of 471.3 people per square kilometre.

By population it ranks 3 among the New Brunswick places covered here.

Within New Brunswick, Fredericton is place number 3 by population in this census set, at 63,116 residents.

Products compared here

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

• No credit check loans: What lenders who advertise without a credit check actually look at instead, and where the cost goes.
• Mortgage refinancing: Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs.

How borrowing works locally

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 mortgage is registered against the property, which is what gives the lender its claim. An application usually asks for identification, income evidence, banking details and a statement of obligations.

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

The land area recorded for Fredericton is 133.9 square kilometres, and the population is 63,116 residents in the 2021 Census.

Fredericton is one of 256 covered New Brunswick places, counted at 63,116 residents with a land area of 133.9 square kilometres.

Fredericton ranks 3 by 2021 Census population among the covered places in New Brunswick.

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

The density figure for Fredericton, 471.3 people per square kilometre, is calculated from the population and land area above.

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

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

At 63,116 residents in the 2021 Census, Fredericton is listed alongside the other covered places in New Brunswick.

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

Fredericton sits at rank 3 within New Brunswick in this data set, and the provincial rules apply as they do elsewhere.

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

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).

The same structure is used for every place covered, so two communities can be compared field by field: population, land area, density, rank, and the provincial rules.