Borrowing in Weldford, New Brunswick

With 1,335 residents counted in the 2021 Census, Weldford sits inside New Brunswick's provincial lending framework.

The census figures for Weldford

Statistics Canada's 2021 Census gives Weldford a population of 1,335. 607.6 square kilometres of land are attributed to Weldford.

That gives a density of 2.2 people per square kilometre, rounded to one decimal place.

By population it ranks 116 among the New Brunswick places covered here.

Weldford sits at rank 116 among the 256 New Brunswick places here, with 1,335 residents in the 2021 Census.

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.

• Home equity loans: Converting property equity into credit, and the difference between a lump sum and a revolving limit.
• Payday loans: Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit.

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.

Communities of this size are listed here with population, land area and density, and the lending rules remain provincial.

How borrowing works locally

A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments.

A longer amortisation lowers each payment and raises the total interest paid over the life of the loan. A broker arranges credit but does not lend, and the lender remains the party that makes the decision.

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

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

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

The density figure for Weldford, 2.2 people per square kilometre, is calculated from the population and land area above.

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

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

Weldford is one of 256 covered New Brunswick places, counted at 1,335 residents with a land area of 607.6 square kilometres.

Weldford sits at rank 116 within New Brunswick in this data set, and the provincial rules apply as they do elsewhere.

Weldford ranks 116 by 2021 Census population among the covered places in New Brunswick.

At 1,335 residents in the 2021 Census, Weldford is listed alongside the other covered places in New Brunswick.

The land area recorded for Weldford is 607.6 square kilometres, and the population is 1,335 residents in the 2021 Census.

Weldford appears in the census record with 1,335 residents, and the density of 2.2 people per square kilometre follows from it.

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.