Borrowing in Wakefield, New Brunswick

With 2,722 residents counted in the 2021 Census, Wakefield sits inside New Brunswick's provincial lending framework.

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) count New Brunswick among the provinces with payday lending rules, where the published maximum cost of borrowing is $14 per $100 advanced under SOR/2024-114.

The lowest band groups villages, rural municipalities and small towns, all read against the same provincial rulebook.

The census figures for Wakefield

The 2021 Census counted 2,722 residents in Wakefield. Statistics Canada lists 196.3 square kilometres of land for the community.

The arithmetic gives 13.9 people per square kilometre.

The community is the 53rd largest place in the province within this census set.

Wakefield sits at rank 53 among the 256 New Brunswick places here, with 2,722 residents in the 2021 Census.

Products compared here

Each product below has its own page, and the New Brunswick position applies to all of them.

• Instalment loans: A fixed number of fixed payments, sized larger and longer than a payday advance.
• Secured loans: Borrowing against an asset, which lowers the price but puts the asset at risk if you default.

How borrowing works locally

A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached.

A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes. An application usually asks for identification, income evidence, banking details and a statement of obligations.

Wakefield appears in the census record with 2,722 residents, and the density of 13.9 people per square kilometre follows from it.

The land area recorded for Wakefield is 196.3 square kilometres, and the population is 2,722 residents in the 2021 Census.

Wakefield is one of 256 covered New Brunswick places, counted at 2,722 residents with a land area of 196.3 square kilometres.

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

Wakefield sits at rank 53 within New Brunswick in this data set, and the provincial rules apply as they do elsewhere.

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

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

At 2,722 residents in the 2021 Census, Wakefield is listed alongside the other covered places in New Brunswick.

The density figure for Wakefield, 13.9 people per square kilometre, is calculated from the population and land area above.

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

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

Wakefield ranks 53 by 2021 Census population among the covered places in New Brunswick.

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.

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