Borrowing in Moncton, New Brunswick

Moncton is one of the New Brunswick communities covered here, with a 2021 Census population of 79,470, and borrowing there is licensed under New Brunswick's consumer credit rules.

The New Brunswick rules that apply

The body that licenses consumer lending in New Brunswick is the regulator named on the federal Payday Lending Regulations (SOR/2024-114)'s 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.

In the middle band, the community is grouped with comparable places here, and the rules stay provincial.

How borrowing works locally

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

A deposit or trade-in reduces the amount financed and therefore the interest charged over the term. A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender.

The census figures for Moncton

Population for Moncton stands at 79,470 in the 2021 Census. Its land area is 140.7 square kilometres.

Dividing population by land area gives 564.9 residents per square kilometre, rounded to one decimal place.

Moncton ranks 1 by population among the New Brunswick places on this site.

The place record for Moncton covers 140.7 square kilometres and 79,470 residents, a density of 564.9 people per square kilometre.

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.

• Payday loans: Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit.
• No credit check loans: What lenders who advertise without a credit check actually look at instead, and where the cost goes.

Moncton sits at rank 1 within New Brunswick in this data set, and the provincial rules apply as they do elsewhere.

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

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

Moncton appears in the census record with 79,470 residents, and the density of 564.9 people per square kilometre follows from it.

Moncton is one of 256 covered New Brunswick places, counted at 79,470 residents with a land area of 140.7 square kilometres.

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

At 79,470 residents in the 2021 Census, Moncton is listed alongside the other covered places in New Brunswick.

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

The density figure for Moncton, 564.9 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Moncton is 140.7 square kilometres, and the population is 79,470 residents in the 2021 Census.

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

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.