Borrowing in Borden-Carleton, Prince Edward Island

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

The Prince Edward Island rules that apply

The regulator for consumer credit in Prince Edward Island is the body listed by the federal Payday Lending Regulations (SOR/2024-114) provincial and territorial regulators.

A payday advance in Prince Edward Island falls under a provincial licensing regime, and the cost of borrowing is capped at $14 per $100 advanced according to the federal Payday Lending Regulations (SOR/2024-114).

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 Borden-Carleton

Borden-Carleton recorded a population of 788 in Statistics Canada's 2021 Census of Population. The community covers 12.9 square kilometres of land.

The calculated density is 60.9 people per square kilometre.

The 2021 Census population places it at rank 37 in the province.

Borden-Carleton is one of 91 places listed for Prince Edward Island, ranked 37 by population and measured at 12.9 square kilometres.

Products compared here

Among the 20 products compared here, these two are commonly used for the purposes described.

• Unsecured loans: Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone.
• Business loans: Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit.

How borrowing works locally

Provincial licensing decides who may lend, and federal rules add a ceiling where a licensed payday regime exists.

Debt management plans are administered by accredited credit counsellors, and they are not loans. Joint applications combine two incomes and two sets of obligations in the same assessment.

Borden-Carleton sits at rank 37 within Prince Edward Island in this data set, and the provincial rules apply as they do elsewhere.

Borden-Carleton ranks 37 by 2021 Census population among the covered places in Prince Edward Island.

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

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

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

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

Readers comparing Borden-Carleton with another community can use the same four census fields.

Borden-Carleton appears in the census record with 788 residents, and the density of 60.9 people per square kilometre follows from it.

At 788 residents in the 2021 Census, Borden-Carleton is listed alongside the other covered places in Prince Edward Island.

Borden-Carleton is one of 91 covered Prince Edward Island places, counted at 788 residents with a land area of 12.9 square kilometres.

The density figure for Borden-Carleton, 60.9 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Borden-Carleton is 12.9 square kilometres, and the population is 788 residents in the 2021 Census.

loanmoose.ca is not a lender and does not make credit decisions. The lowest rates are only available to the most qualified applicants.

The 2021 Census of Population published by Statistics Canada is the source for population and land area; the federal Payday Lending Regulations (SOR/2024-114) are the source for payday rules.

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