Borrowing in Richmond, New Brunswick

A loan taken out in Richmond is governed by New Brunswick's licensing rules, and the 2021 Census counted 1,456 people in the community.

How borrowing works locally

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term.

A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators. Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation.

Products compared here

These are two of the 20 products described on the site, and each has a national page as well as the provincial rules.

• Debt relief programs: The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them.
• Bad credit loans: Borrowing when the credit file is damaged, and what changes about price and security as a result.

The census figures for Richmond

Population for Richmond stands at 1,456 in the 2021 Census. The community covers 258.8 square kilometres of land.

The arithmetic gives 5.6 people per square kilometre.

The community is the 108th largest place in the province within this census set.

Within New Brunswick, Richmond is place number 108 by population in this census set, at 1,456 residents.

The New Brunswick rules that apply

Consumer lending in New Brunswick is licensed provincially or territorially, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position appears.

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.

Communities of this size are listed here with population, land area and density, and the lending rules remain provincial.

Richmond is one of 256 covered New Brunswick places, counted at 1,456 residents with a land area of 258.8 square kilometres.

Richmond ranks 108 by 2021 Census population among the covered places in New Brunswick.

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

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

At 1,456 residents in the 2021 Census, Richmond is listed alongside the other covered places in New Brunswick.

Richmond appears in the census record with 1,456 residents, and the density of 5.6 people per square kilometre follows from it.

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

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

The land area recorded for Richmond is 258.8 square kilometres, and the population is 1,456 residents in the 2021 Census.

The density figure for Richmond, 5.6 people per square kilometre, is calculated from the population and land area above.

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

Richmond sits at rank 108 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.

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.

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.