Borrowing in Petitcodiac, New Brunswick

A loan taken out in Petitcodiac is governed by New Brunswick's licensing rules, and the 2021 Census counted 1,476 people in the community.

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.

A payday advance in New Brunswick falls under a provincial licensing regime, and the cost of borrowing is capped at $14 per $100 advanced according to the federal Payday Lending Regulations (SOR/2024-114).

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 credit file is compiled by private agencies from information lenders and other creditors report.

A mortgage is registered against the property, which is what gives the lender its claim. 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 Petitcodiac

1,476 people were counted in Petitcodiac in the 2021 Census. Land area for Petitcodiac is 17.2 square kilometres in the same census.

That gives a density of 85.9 people per square kilometre, rounded to one decimal place.

Petitcodiac ranks 105 by population among the New Brunswick places on this site.

Petitcodiac is one of 256 places listed for New Brunswick, ranked 105 by population and measured at 17.2 square kilometres.

Products compared here

The site describes 20 products in total; the two below are representative of the range.

• Instalment loans: A fixed number of fixed payments, sized larger and longer than a payday advance.
• Secured loans: Borrowing against an asset, which lowers the price but puts the asset at risk if you default.

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

The density figure for Petitcodiac, 85.9 people per square kilometre, is calculated from the population and land area above.

Petitcodiac sits at rank 105 within New Brunswick in this data set, and the provincial rules apply as they do elsewhere.

Petitcodiac appears in the census record with 1,476 residents, and the density of 85.9 people per square kilometre follows from it.

The land area recorded for Petitcodiac is 17.2 square kilometres, and the population is 1,476 residents in the 2021 Census.

Petitcodiac ranks 105 by 2021 Census population among the covered places in New Brunswick.

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

Petitcodiac is one of 256 covered New Brunswick places, counted at 1,476 residents with a land area of 17.2 square kilometres.

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

At 1,476 residents in the 2021 Census, Petitcodiac is listed alongside the other covered places in New Brunswick.

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

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).

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