Borrowing in Cambridge, New Brunswick

A loan taken out in Cambridge is governed by New Brunswick's licensing rules, and the 2021 Census counted 684 people in the community.

How borrowing works locally

A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent.

Joint applications combine two incomes and two sets of obligations in the same assessment. A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender.

Products compared here

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

• Personal loans: A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept.
• Mortgage loans: Borrowing against residential property, including how a federally regulated lender tests the file.

The census figures for Cambridge

In the 2021 Census, Cambridge had 684 residents. Land area for Cambridge is 113.2 square kilometres in the same census.

Population divided by land area produces a density of 6.0 people per square kilometre.

By population it ranks 198 among the New Brunswick places covered here.

The place record for Cambridge covers 113.2 square kilometres and 684 residents, a density of 6.0 people per square kilometre.

The New Brunswick rules that apply

Licensing for consumer credit in New Brunswick sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public list of provincial and territorial regulators.

The federal payday lending regulations, SOR/2024-114, cap the cost of borrowing at $14 per $100 advanced in New Brunswick, which the federal Payday Lending Regulations (SOR/2024-114) list as a province that regulates the product.

Small places are covered the same way as large ones: census figures for the place, and the provincial position on lending.

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

The land area recorded for Cambridge is 113.2 square kilometres, and the population is 684 residents in the 2021 Census.

Cambridge ranks 198 by 2021 Census population among the covered places in New Brunswick.

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

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

Cambridge is one of 256 covered New Brunswick places, counted at 684 residents with a land area of 113.2 square kilometres.

The density figure for Cambridge, 6.0 people per square kilometre, is calculated from the population and land area above.

Cambridge appears in the census record with 684 residents, and the density of 6.0 people per square kilometre follows from it.

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

At 684 residents in the 2021 Census, Cambridge is listed alongside the other covered places in New Brunswick.

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

Cambridge sits at rank 198 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.

Census figures are from Statistics Canada's 2021 Census of Population, and the payday position is taken from the federal Payday Lending Regulations (SOR/2024-114).

Compare the disclosure on any agreement against the provincial ceiling, and treat the census figures as the only local statistics on the page.