Borrowing in Saint Croix, New Brunswick

Saint Croix is one of the New Brunswick communities covered here, with a 2021 Census population of 648, 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.

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

How borrowing works locally

A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

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.

The census figures for Saint Croix

Saint Croix recorded a population of 648 in Statistics Canada's 2021 Census of Population. Land area for Saint Croix is 78.6 square kilometres in the same census.

The calculated density is 8.2 people per square kilometre.

Its provincial population rank is 201 within this data set.

The place record for Saint Croix covers 78.6 square kilometres and 648 residents, a density of 8.2 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.

• Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.
• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.

Saint Croix appears in the census record with 648 residents, and the density of 8.2 people per square kilometre follows from it.

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

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

The density figure for Saint Croix, 8.2 people per square kilometre, is calculated from the population and land area above.

At 648 residents in the 2021 Census, Saint Croix is listed alongside the other covered places in New Brunswick.

The land area recorded for Saint Croix is 78.6 square kilometres, and the population is 648 residents in the 2021 Census.

Saint Croix is one of 256 covered New Brunswick places, counted at 648 residents with a land area of 78.6 square kilometres.

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

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

Saint Croix ranks 201 by 2021 Census population among the covered places in New Brunswick.

Nothing on the Saint Croix 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).

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