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Borrowing in Paquetville, New Brunswick

How borrowing works in Paquetville, New Brunswick, where the 2021 Census counted 718 residents.

Province New Brunswick (NB)
Population, 2021 Census 718
Land area 9.3 km²
Provincial regulator See the FCAC list

A loan taken out in Paquetville is governed by New Brunswick's licensing rules, and the 2021 Census counted 718 people in the community.

The New Brunswick rules that apply

Provincial or territorial law decides who may lend in New Brunswick, and the Financial Consumer Agency of Canada publishes the list that names the regulator responsible.

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.

The census figures for Paquetville

Paquetville recorded a population of 718 in Statistics Canada's 2021 Census of Population. Land area for Paquetville is 9.3 square kilometres in the same census.

On those two figures, density is 77.5 residents per square kilometre when rounded to one decimal place.

Paquetville ranks 192 by population among the New Brunswick places on this site.

Compared with the other 256 covered New Brunswick places, Paquetville ranks 192 by population.

Products compared here

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

  • No credit check loans: What lenders who advertise without a credit check actually look at instead, and where the cost goes.
  • Mortgage refinancing: Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs.

How borrowing works locally

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.

A secured product gives the lender a claim on a named asset, which is why its price is usually lower than an unsecured equivalent. A longer amortisation lowers each payment and raises the total interest paid over the life of the loan.

Paquetville appears in the census record with 718 residents, and the density of 77.5 people per square kilometre follows from it.

The density figure for Paquetville, 77.5 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Paquetville is 9.3 square kilometres, and the population is 718 residents in the 2021 Census.

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

At 718 residents in the 2021 Census, Paquetville is listed alongside the other covered places in New Brunswick.

Paquetville sits at rank 192 within New Brunswick in this data set, and the provincial rules apply as they do elsewhere.

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

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

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

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

Paquetville is one of 256 covered New Brunswick places, counted at 718 residents with a land area of 9.3 square kilometres.

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.

Lending rules change, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position is confirmed.

Population and land area: Statistics Canada, Census of Population 2021, table 98-10-0002.

Borrowing in Paquetville

Personal loans A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept. Bad credit loans Borrowing when the credit file is damaged, and what changes about price and security as a result. No credit check loans What lenders who advertise without a credit check actually look at instead, and where the cost goes. Lines of credit A revolving limit you draw on and repay, usually paying interest only on what is outstanding. Unsecured loans Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone. Secured loans Borrowing against an asset, which lowers the price but puts the asset at risk if you default. Car loans Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit. Mortgage loans Borrowing against residential property, including how a federally regulated lender tests the file. Home equity loans Converting property equity into credit, and the difference between a lump sum and a revolving limit. Mortgage refinancing Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs. Home renovation loans Paying for work on a property, from a small unsecured instalment loan to a secured renovation product. Business loans Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit. Business lines of credit A revolving operating limit for a business, and why it behaves differently from a term loan. Debt consolidation loans Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps. Debt relief programs The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them. Payday loans Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit. Cash advance loans Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance. Emergency loans Money for an urgent expense, and the order in which a sensible borrower works through the options. Instalment loans A fixed number of fixed payments, sized larger and longer than a payday advance. Collateral loans Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.

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