One application. 13 lenders.
Apply Now One application routed to where you qualify.
Every Apply button starts the same single application. Your chosen lender is prioritized first.
Thirteen in the Smarter Loans network, from $15 advances to $35,000 instalment loans at rates from 0% on the smallest fee-priced advances up to the 35% federal cap. Every one lends online, so the application, the decision and the deposit happen from your phone and nothing depends on a branch in Moncton, Fredericton or Saint John. Eight of the thirteen pay out within 24 hours, three within the hour and all thirteen within two days; nine consider a score under 560 and four want a fair score or better; income minimums run from $1,000 to $2,500 a month from any regular source.
On our platform in the first half of 2026, New Brunswickers made 2.8% of personal loan applications across Canada and asked for $5,683 on average; at the everyday scale under $1,500 they made 3.2% of applications and asked for $504. Paying off bills was the one purpose with enough New Brunswick applications to report, at $4,473 on average. Use those to check your own request: a personal loan around $5,700 is the ordinary case, a request far above your income pushes you toward the top of a lender's range or a decline, and one well under $1,500 is an everyday advance, priced by fee rather than APR.
| Purpose | Average requested | Applications |
|---|---|---|
| All purposes | $5,683 | 382 |
| Pay Off Bills | $4,473 | 115 |
Smarter Loans platform, personal loan applications from New Brunswick, 1 January to 30 June 2026; purposes with fewer than 100 applications are not shown.
The federal cap and the province's payday rules. The federal criminal interest rate caps every consumer loan at 35% APR, and no lender listed prices above it. A payday loan is regulated separately: no more than $14 per $100 from a lender licensed by the Financial and Consumer Services Commission, online lenders included; the payday loans in New Brunswick page sets those rules out in full. Ask any lender you have not heard of for the total cost of borrowing in dollars before you sign; a lender that will not state it is not a lender.
From 0% to 35%. A fee-priced advance under $1,500 carries no interest and a flat fee, and is the cheapest money on the page when repaid on the date. An instalment loan is priced by score: a good one from the low teens, a fair one in the twenties, a poor one toward the cap. On $5,000 over 36 months, 20% costs about $1,689 in interest and 35% about $3,142, a difference of roughly $1,450, which is why a loan repaid cleanly for a year and then refinanced at a rate that reflects the new score is the route out of the top tier.
| Borrowing $500 | How it is priced | What it costs | Repaid |
|---|---|---|---|
| Everyday advance | Flat fee, 0% interest | The lender's fee, stated before you accept | On your next pay date |
| Payday loan | New Brunswick's cap, $14 per $100 | $70 | On your next pay date |
| Short-term loan | APR, up to the 35% federal cap | About $29 in interest at 35% | Over three months |
| Instalment loan | APR by credit score | About $56 in interest at 20% | Over twelve months |
Interest figures are illustrative, calculated on $500 at the stated rate and term.
Income of at least $1,000 to $2,500 a month depending on the lender, from any regular source, and the label you give it decides which lenders see the application: full-time, seasonal, self-employed, on disability or on benefits. Three months of bank statements, read through your online banking login, because the lenders listed decide on deposits before the score. A New Brunswick address and a bank account the money can be sent to. No employment letter, no interview.
Every personal lender in the network is on the personal loans in Canada page, and the nine that lend below 560 in the province are on the bad credit loans in New Brunswick page.
Reviewed by Rafael Rositsan, Co-Founder and CEO, Smarter Loans. Last reviewed 25 September 2026. Lender figures are the lenders' published terms as checked August 2026; the cost examples are illustrative. Platform figures cover applications from 1 January to 30 June 2026.
When Should You Use a Personal Loan in Canada?
When a personal loan is the right tool and when it is not: what Canadians borrow for, what it costs against a credit card,…
What Canadians Borrow to Consolidate, by Province
Canadians applying to consolidate debt asked for an average of $6,659 in the year to July 2026, across more than 8,000 Smarter Loans applications. Newfoundland and Labrador led every province at $7,948 and New Brunswick sat lowest at $6,133.
Credit Bands Across Canada: Who Applies With What Credit
Fair credit is the largest self-reported band in almost every province, across more than 40,000 Smarter Loans personal loan applications in the year to July 2026. Saskatchewan is the only exception, where low credit leads, and good or great stays under one in seven everywhere.
How to Judge a Loan Company in Canada
What separates a reliable loan company from a risky one in Canada: licensing, real APRs, fees in writing, and what borrowers like you get…
Thirteen in the Smarter Loans network serve New Brunswick, from $15 to $35,000 at 0% to 35%. Eight pay out within 24 hours, three within the hour, and nine consider a score under 560.
On our platform in the first half of 2026, New Brunswickers asked for $5,683 on average for a personal loan and $504 for an everyday advance under $1,500; New Brunswick made 2.8% of personal loan applications across Canada.
Yes. Nine of the thirteen lenders listed consider a score under 560, and the decision is made on three months of bank statements more than on the score; a poor score is priced toward the 35% cap rather than declined.
The federal criminal interest rate caps a consumer loan at 35% APR. A payday loan is regulated separately at $14 per $100, from a lender licensed by the Financial and Consumer Services Commission, online lenders included.
No. Every lender listed lends online; the application, the decision and the deposit happen from your phone, and eight of the thirteen pay out within 24 hours.
