Borrowing in Crapaud, Prince Edward Island

Crapaud is one of the Prince Edward Island communities covered here, with a 2021 Census population of 361, and borrowing there is licensed under Prince Edward Island's consumer credit rules.

The census figures for Crapaud

Crapaud recorded a population of 361 in Statistics Canada's 2021 Census of Population. 2.1 square kilometres of land are attributed to Crapaud.

That gives a density of 171.9 people per square kilometre, rounded to one decimal place.

Among covered Prince Edward Island places, Crapaud sits at rank 58 by population.

Crapaud therefore appears at rank 58 of 91 covered Prince Edward Island places, with a density of 171.9 people per square kilometre.

Products compared here

The product pages behind this city cover the following borrowing categories, among the 20 products compared nationally.

• Cash advance loans: Immediate short-term cash, including the difference between a cash advance on credit and a payday-style advance.
• Lines of credit: A revolving limit you draw on and repay, usually paying interest only on what is outstanding.

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.

At the small end of the census range, the community still borrows inside the province's licensing system.

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.

A provincial regulator publishes licensing requirements, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators. A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes.

The density figure for Crapaud, 171.9 people per square kilometre, is calculated from the population and land area above.

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

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

The land area recorded for Crapaud is 2.1 square kilometres, and the population is 361 residents in the 2021 Census.

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

Crapaud ranks 58 by 2021 Census population among the covered places in Prince Edward Island.

At 361 residents in the 2021 Census, Crapaud is listed alongside the other covered places in Prince Edward Island.

Crapaud sits at rank 58 within Prince Edward Island in this data set, and the provincial rules apply as they do elsewhere.

Crapaud is one of 91 covered Prince Edward Island places, counted at 361 residents with a land area of 2.1 square kilometres.

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

Crapaud appears in the census record with 361 residents, and the density of 171.9 people per square kilometre follows from it.

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).

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