Borrowing in Abram-Village, Prince Edward Island

This page covers borrowing in Abram-Village, Prince Edward Island: the census facts, the provincial rules, and the products people compare.

The Prince Edward Island rules that apply

Consumer credit in Prince Edward Island is licensed by the provincial or territorial regulator, and the Financial Consumer Agency of Canada publishes the 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 Prince Edward Island, which the federal Payday Lending Regulations (SOR/2024-114) list as a province that regulates the product.

Places in the smallest population band are grouped here as small communities, and the pages carry the same census fields and the same provincial rules as the largest city.

The census figures for Abram-Village

Statistics Canada's 2021 Census gives Abram-Village a population of 340. Land area for Abram-Village is 1.4 square kilometres in the same census.

Dividing population by land area gives 250.0 residents per square kilometre, rounded to one decimal place.

Its provincial population rank is 61 within this data set.

Within Prince Edward Island, Abram-Village is place number 61 by population in this census set, at 340 residents.

Products compared here

Each product below has its own page, and the Prince Edward Island position applies to all of them.

• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.
• Home renovation loans: Paying for work on a property, from a small unsecured instalment loan to a secured renovation product.

How borrowing works locally

A broker arranges credit but does not lend, and the lender remains the party that makes the decision.

An application usually asks for identification, income evidence, banking details and a statement of obligations. A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached.

Readers comparing Abram-Village with another community can use the same four census fields.

Abram-Village ranks 61 by 2021 Census population among the covered places in Prince Edward Island.

The land area recorded for Abram-Village is 1.4 square kilometres, and the population is 340 residents in the 2021 Census.

Abram-Village is one of 91 covered Prince Edward Island places, counted at 340 residents with a land area of 1.4 square kilometres.

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

At 340 residents in the 2021 Census, Abram-Village is listed alongside the other covered places in Prince Edward Island.

Abram-Village sits at rank 61 within Prince Edward Island in this data set, and the provincial rules apply as they do elsewhere.

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

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

The density figure for Abram-Village, 250.0 people per square kilometre, is calculated from the population and land area above.

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

Abram-Village appears in the census record with 340 residents, and the density of 250.0 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.

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 same structure is used for every place covered, so two communities can be compared field by field: population, land area, density, rank, and the provincial rules.