Borrowing in Saint Mary, New Brunswick

With 1,991 residents counted in the 2021 Census, Saint Mary sits inside New Brunswick's provincial lending framework.

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.

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

The census figures for Saint Mary

1,991 people were counted in Saint Mary in the 2021 Census. Its land area is 238.3 square kilometres.

Population divided by land area produces a density of 8.4 people per square kilometre.

By population it ranks 77 among the New Brunswick places covered here.

Compared with the other 256 covered New Brunswick places, Saint Mary ranks 77 by population.

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.

How borrowing works locally

Joint applications combine two incomes and two sets of obligations in the same assessment.

A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes. A lender may ask for proof of address, and a permanent address is a standard requirement for consumer credit.

At 1,991 residents in the 2021 Census, Saint Mary is listed alongside the other covered places in New Brunswick.

Saint Mary is one of 256 covered New Brunswick places, counted at 1,991 residents with a land area of 238.3 square kilometres.

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

Saint Mary ranks 77 by 2021 Census population among the covered places in New Brunswick.

Saint Mary appears in the census record with 1,991 residents, and the density of 8.4 people per square kilometre follows from it.

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

The density figure for Saint Mary, 8.4 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Saint Mary is 238.3 square kilometres, and the population is 1,991 residents in the 2021 Census.

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

Saint Mary sits at rank 77 within New Brunswick in this data set, and the provincial rules apply as they do elsewhere.

Readers comparing Saint Mary 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).

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