Borrowing in Crapaud, Part 1, Prince Edward Island

Crapaud, Part 1, Prince Edward Island, recorded a population of 1,564 in the 2021 Census; the rules that govern a loan signed there are provincial.

How borrowing works locally

A lender is free to set its own price below the legal ceiling, and it does so according to the risk it reads in the file.

Debt management plans are administered by accredited credit counsellors, and they are not loans. Payment history is reported to credit agencies, and that record is what builds or damages a credit file over time.

Products compared here

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

• No credit check loans: What lenders who advertise without a credit check actually look at instead, and where the cost goes.
• Mortgage refinancing: Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs.

The census figures for Crapaud, Part 1

Population for Crapaud, Part 1 stands at 1,564 in the 2021 Census. 152.4 square kilometres of land are attributed to Crapaud, Part 1.

Dividing population by land area gives 10.3 residents per square kilometre, rounded to one decimal place.

The 2021 Census population places it at rank 20 in the province.

Within Prince Edward Island, Crapaud, Part 1 is place number 20 by population in this census set, at 1,564 residents.

The Prince Edward Island rules that apply

Licensing for consumer credit in Prince Edward Island sits with the province or territory, and the Financial Consumer Agency of Canada maintains the public list of provincial and territorial regulators.

In Prince Edward Island, payday lending operates under a licensed provincial regime, and the federal Payday Lending Regulations (SOR/2024-114) record a maximum cost of borrowing of $14 for each $100 advanced under 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.

Readers comparing Crapaud, Part 1 with another community can use the same four census fields.

Crapaud, Part 1 is one of 91 covered Prince Edward Island places, counted at 1,564 residents with a land area of 152.4 square kilometres.

At 1,564 residents in the 2021 Census, Crapaud, Part 1 is listed alongside the other covered places in Prince Edward Island.

Where a figure for Crapaud, Part 1 could not be verified, the page names the publisher instead of printing a number.

Crapaud, Part 1 sits at rank 20 within Prince Edward Island in this data set, and the provincial rules apply as they do elsewhere.

For Crapaud, Part 1, the two census fields above are the only local statistics used anywhere on the page.

The density figure for Crapaud, Part 1, 10.3 people per square kilometre, is calculated from the population and land area above.

Nothing on the Crapaud, Part 1 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Crapaud, Part 1 ranks 20 by 2021 Census population among the covered places in Prince Edward Island.

The Crapaud, Part 1 page follows the same structure as every other place page, with population, land area, density and rank.

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.

Lending rules change, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position is confirmed.