Borrowing in Belledune, New Brunswick

Belledune, New Brunswick, recorded a population of 1,325 in the 2021 Census; the rules that govern a loan signed there are provincial.

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.

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.

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

How borrowing works locally

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

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. Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term.

The census figures for Belledune

In the 2021 Census, Belledune had 1,325 residents. The community covers 189.2 square kilometres of land.

Population divided by land area produces a density of 7.0 people per square kilometre.

Its provincial population rank is 118 within this data set.

Belledune sits at rank 118 among the 256 New Brunswick places here, with 1,325 residents in the 2021 Census.

Products compared here

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

• Home equity loans: Converting property equity into credit, and the difference between a lump sum and a revolving limit.
• Payday loans: Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit.

The land area recorded for Belledune is 189.2 square kilometres, and the population is 1,325 residents in the 2021 Census.

The density figure for Belledune, 7.0 people per square kilometre, is calculated from the population and land area above.

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

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

At 1,325 residents in the 2021 Census, Belledune is listed alongside the other covered places in New Brunswick.

Belledune appears in the census record with 1,325 residents, and the density of 7.0 people per square kilometre follows from it.

Belledune sits at rank 118 within New Brunswick in this data set, and the provincial rules apply as they do elsewhere.

Belledune is one of 256 covered New Brunswick places, counted at 1,325 residents with a land area of 189.2 square kilometres.

Belledune ranks 118 by 2021 Census population among the covered places in New Brunswick.

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

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

For Belledune, 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.

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.

The provincial rules apply wherever a borrower is in New Brunswick; a municipal boundary does not change them.