Borrowing in Alexandra, Prince Edward Island

Alexandra is one of the Prince Edward Island communities covered here, with a 2021 Census population of 252, and borrowing there is licensed under Prince Edward Island's consumer credit rules.

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.

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).

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

The census figures for Alexandra

Population for Alexandra stands at 252 in the 2021 Census. 10.3 square kilometres of land are attributed to Alexandra.

That gives a density of 24.3 people per square kilometre, rounded to one decimal place.

Among covered Prince Edward Island places, Alexandra sits at rank 73 by population.

Alexandra sits at rank 73 among the 91 Prince Edward Island places here, with 252 residents in the 2021 Census.

Products compared here

These are two of the 20 products described on the site, and each has a national page as well as the provincial rules.

• Debt relief programs: The formal and informal routes out of unmanageable debt in Canada, and who is licensed to run them.
• Bad credit loans: Borrowing when the credit file is damaged, and what changes about price and security as a result.

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.

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed. A revolving product charges interest on the outstanding balance, while an instalment product charges a fixed schedule of payments.

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

Alexandra is one of 91 covered Prince Edward Island places, counted at 252 residents with a land area of 10.3 square kilometres.

The density figure for Alexandra, 24.3 people per square kilometre, is calculated from the population and land area above.

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

Alexandra appears in the census record with 252 residents, and the density of 24.3 people per square kilometre follows from it.

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

The land area recorded for Alexandra is 10.3 square kilometres, and the population is 252 residents in the 2021 Census.

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

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

Alexandra ranks 73 by 2021 Census population among the covered places in Prince Edward Island.

Alexandra sits at rank 73 within Prince Edward Island in this data set, and the provincial rules apply as they do elsewhere.

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

Census figures are from Statistics Canada's 2021 Census of Population, and the payday position is taken from the federal Payday Lending Regulations (SOR/2024-114).

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