Borrowing in Beresford, New Brunswick

A loan taken out in Beresford is governed by New Brunswick's licensing rules, and the 2021 Census counted 4,294 people in the community.

How borrowing works locally

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed.

Variable-rate products move with a reference rate, while fixed-rate products set the price for a defined term. A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes.

Products compared here

Two of the 20 covered products appear below, each with the purpose the product is designed for.

• Bad credit loans: Borrowing when the credit file is damaged, and what changes about price and security as a result.
• Home equity loans: Converting property equity into credit, and the difference between a lump sum and a revolving limit.

The census figures for Beresford

In the 2021 Census, Beresford had 4,294 residents. Land area for Beresford is 19.2 square kilometres in the same census.

Population divided by land area produces a density of 223.2 people per square kilometre.

The community is the 36th largest place in the province within this census set.

Beresford therefore appears at rank 36 of 256 covered New Brunswick places, with a density of 223.2 people per square kilometre.

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) count New Brunswick among the provinces with payday lending rules, where the published maximum cost of borrowing is $14 per $100 advanced under SOR/2024-114.

The lowest band groups villages, rural municipalities and small towns, all read against the same provincial rulebook.

Beresford is one of 256 covered New Brunswick places, counted at 4,294 residents with a land area of 19.2 square kilometres.

At 4,294 residents in the 2021 Census, Beresford is listed alongside the other covered places in New Brunswick.

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

Beresford appears in the census record with 4,294 residents, and the density of 223.2 people per square kilometre follows from it.

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

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

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

The density figure for Beresford, 223.2 people per square kilometre, is calculated from the population and land area above.

Beresford ranks 36 by 2021 Census population among the covered places in New Brunswick.

The land area recorded for Beresford is 19.2 square kilometres, and the population is 4,294 residents in the 2021 Census.

Beresford sits at rank 36 within New Brunswick in this data set, and the provincial rules apply as they do elsewhere.

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

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.