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Borrowing in Mount Stewart, Prince Edward Island

Mount Stewart, Prince Edward Island: 226 residents in the 2021 Census, 1.5 square kilometres of land, and the provincial lending rules that apply across Prince Edward Island.

Province Prince Edward Island (PE)
Population, 2021 Census 226
Land area 1.5 km²
Provincial regulator See the FCAC list

Mount Stewart is one of the Prince Edward Island places covered here, with 226 residents recorded in the 2021 Census and the same provincial rulebook as the rest of the province.

The census figures for Mount Stewart

Mount Stewart recorded a population of 226 in Statistics Canada's 2021 Census of Population. Statistics Canada lists 1.5 square kilometres of land for the community.

The calculated density is 148.7 people per square kilometre.

By population it ranks 78 among the Prince Edward Island places covered here.

Mount Stewart is one of 91 places listed for Prince Edward Island, ranked 78 by population and measured at 1.5 square kilometres.

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.

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.

Small places are covered the same way as large ones: census figures for the place, and the provincial position on lending.

How borrowing works locally

Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation.

Debt management plans are administered by accredited credit counsellors, and they are not loans. Interest on a line of credit accrues only on the drawn portion, not on the unused limit.

Products compared here

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

  • Mortgage refinancing: Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs.
  • Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.

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

Readers comparing Mount Stewart with another community can use the same four census fields.

The Mount Stewart page follows the same structure as every other place page, with population, land area, density and rank.

Mount Stewart appears in the census record with 226 residents, and the density of 148.7 people per square kilometre follows from it.

Mount Stewart ranks 78 by 2021 Census population among the covered places in Prince Edward Island.

For Mount Stewart, the two census fields above are the only local statistics used anywhere on the page.

Mount Stewart sits at rank 78 within Prince Edward Island in this data set, and the provincial rules apply as they do elsewhere.

At 226 residents in the 2021 Census, Mount Stewart is listed alongside the other covered places in Prince Edward Island.

The density figure for Mount Stewart, 148.7 people per square kilometre, is calculated from the population and land area above.

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

The land area recorded for Mount Stewart is 1.5 square kilometres, and the population is 226 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.

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.

Population and land area: Statistics Canada, Census of Population 2021, table 98-10-0002.

Borrowing in Mount Stewart

Personal loans A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept. Bad credit loans Borrowing when the credit file is damaged, and what changes about price and security as a result. No credit check loans What lenders who advertise without a credit check actually look at instead, and where the cost goes. Lines of credit A revolving limit you draw on and repay, usually paying interest only on what is outstanding. Unsecured loans Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone. Secured loans Borrowing against an asset, which lowers the price but puts the asset at risk if you default. Car loans Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit. Mortgage loans Borrowing against residential property, including how a federally regulated lender tests the file. Home equity loans Converting property equity into credit, and the difference between a lump sum and a revolving limit. Mortgage refinancing Replacing an existing mortgage to change the rate, the term or the amount borrowed, and what it costs. Home renovation loans Paying for work on a property, from a small unsecured instalment loan to a secured renovation product. Business loans Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit. Business lines of credit A revolving operating limit for a business, and why it behaves differently from a term loan. Debt consolidation loans Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps. Debt relief programs The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them. Payday loans Small, short-term advances against a pay date, the most tightly regulated product in Canadian consumer credit. Cash advance loans Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance. Emergency loans Money for an urgent expense, and the order in which a sensible borrower works through the options. Instalment loans A fixed number of fixed payments, sized larger and longer than a payday advance. Collateral loans Borrowing against an asset a lender will hold, from vehicles to savings, and what happens on default.

Nearby places

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