Borrowing in Hillsborough, New Brunswick

With 1,397 residents counted in the 2021 Census, Hillsborough sits inside New Brunswick's provincial lending framework.

The New Brunswick rules that apply

The regulator for consumer credit in New Brunswick is the body listed by the federal Payday Lending Regulations (SOR/2024-114) 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.

The census figures for Hillsborough

In the 2021 Census, Hillsborough had 1,397 residents. Its land area is 304.0 square kilometres.

Dividing population by land area gives 4.6 residents per square kilometre, rounded to one decimal place.

The 2021 Census population places it at rank 113 in the province.

Hillsborough therefore appears at rank 113 of 256 covered New Brunswick places, with a density of 4.6 people per square kilometre.

Products compared here

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

• Secured loans: Borrowing against an asset, which lowers the price but puts the asset at risk if you default.
• Business lines of credit: A revolving operating limit for a business, and why it behaves differently from a term loan.

How borrowing works locally

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

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed. Debt management plans are administered by accredited credit counsellors, and they are not loans.

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

Hillsborough sits at rank 113 within New Brunswick in this data set, and the provincial rules apply as they do elsewhere.

Hillsborough appears in the census record with 1,397 residents, and the density of 4.6 people per square kilometre follows from it.

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

The land area recorded for Hillsborough is 304.0 square kilometres, and the population is 1,397 residents in the 2021 Census.

Hillsborough is one of 256 covered New Brunswick places, counted at 1,397 residents with a land area of 304.0 square kilometres.

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

Hillsborough ranks 113 by 2021 Census population among the covered places in New Brunswick.

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

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

At 1,397 residents in the 2021 Census, Hillsborough is listed alongside the other covered places in New Brunswick.

The density figure for Hillsborough, 4.6 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.

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.

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