Borrowing in Alberton, Prince Edward Island

Alberton is one of the Prince Edward Island communities covered here, with a 2021 Census population of 1,301, and borrowing there is licensed under Prince Edward Island's consumer credit rules.

The census figures for Alberton

Population for Alberton stands at 1,301 in the 2021 Census. Its land area is 4.7 square kilometres.

Dividing population by land area gives 276.8 residents per square kilometre, rounded to one decimal place.

By population it ranks 24 among the Prince Edward Island places covered here.

Alberton sits at rank 24 among the 91 Prince Edward Island places here, with 1,301 residents in the 2021 Census.

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.

The federal Payday Lending Regulations (SOR/2024-114) count Prince Edward Island among the provinces with payday lending rules, where the published maximum cost of borrowing is $14 per $100 advanced under SOR/2024-114.

Communities of this size are listed here with population, land area and density, and the lending rules remain provincial.

How borrowing works locally

Interest on a line of credit accrues only on the drawn portion, not on the unused limit.

Debt management plans are administered by accredited credit counsellors, and they are not loans. A lender's assessment looks at income, existing obligations, the credit file, and the asset pledged where there is one.

Products compared here

The site describes 20 products in total; the two below are representative of the range.

• Instalment loans: A fixed number of fixed payments, sized larger and longer than a payday advance.
• Secured loans: Borrowing against an asset, which lowers the price but puts the asset at risk if you default.

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

The density figure for Alberton, 276.8 people per square kilometre, is calculated from the population and land area above.

The land area recorded for Alberton is 4.7 square kilometres, and the population is 1,301 residents in the 2021 Census.

Alberton ranks 24 by 2021 Census population among the covered places in Prince Edward Island.

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

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

Alberton is one of 91 covered Prince Edward Island places, counted at 1,301 residents with a land area of 4.7 square kilometres.

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

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

Alberton appears in the census record with 1,301 residents, and the density of 276.8 people per square kilometre follows from it.

Alberton sits at rank 24 within Prince Edward Island in this data set, and the provincial rules apply as they do elsewhere.

At 1,301 residents in the 2021 Census, Alberton is listed alongside the other covered places in Prince Edward Island.

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.

Compare the disclosure on any agreement against the provincial ceiling, and treat the census figures as the only local statistics on the page.