Borrowing in Crapaud, Part 2, Prince Edward Island

Crapaud, Part 2, Prince Edward Island, recorded a population of 548 in the 2021 Census; the rules that govern a loan signed there are provincial.

The Prince Edward Island rules that apply

The body that licenses consumer lending in Prince Edward Island is the regulator named on the federal Payday Lending Regulations (SOR/2024-114)'s list of 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).

This is a small community by population, inside the lowest band used on this site, and the provincial framework applies without variation.

The census figures for Crapaud, Part 2

Statistics Canada's 2021 Census gives Crapaud, Part 2 a population of 548. Its land area is 51.7 square kilometres.

The calculated density is 10.6 people per square kilometre.

The community is the 49th largest place in the province within this census set.

Crapaud, Part 2 therefore appears at rank 49 of 91 covered Prince Edward Island places, with a density of 10.6 people per square kilometre.

Products compared here

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

• Business loans: Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit.
• Instalment loans: A fixed number of fixed payments, sized larger and longer than a payday advance.

How borrowing works locally

A mortgage is registered against the property, which is what gives the lender its claim.

A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments. Joint applications combine two incomes and two sets of obligations in the same assessment.

Crapaud, Part 2 appears in the census record with 548 residents, and the density of 10.6 people per square kilometre follows from it.

The land area recorded for Crapaud, Part 2 is 51.7 square kilometres, and the population is 548 residents in the 2021 Census.

The Crapaud, Part 2 page follows the same structure as every other place page, with population, land area, density and rank.

Crapaud, Part 2 sits at rank 49 within Prince Edward Island in this data set, and the provincial rules apply as they do elsewhere.

Where a figure for Crapaud, Part 2 could not be verified, the page names the publisher instead of printing a number.

Readers comparing Crapaud, Part 2 with another community can use the same four census fields.

At 548 residents in the 2021 Census, Crapaud, Part 2 is listed alongside the other covered places in Prince Edward Island.

The density figure for Crapaud, Part 2, 10.6 people per square kilometre, is calculated from the population and land area above.

Nothing on the Crapaud, Part 2 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Crapaud, Part 2 ranks 49 by 2021 Census population among the covered places in Prince Edward Island.

Crapaud, Part 2 is one of 91 covered Prince Edward Island places, counted at 548 residents with a land area of 51.7 square kilometres.

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 provincial rules apply wherever a borrower is in Prince Edward Island; a municipal boundary does not change them.