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Borrowing in Eastern Kings, Prince Edward Island

Eastern Kings, Prince Edward Island: 687 residents in the 2021 Census, 141.1 square kilometres of land, and the provincial lending rules that apply across Prince Edward Island.

Province Prince Edward Island (PE)
Population, 2021 Census 687
Land area 141.1 km²
Provincial regulator See the FCAC list

A loan taken out in Eastern Kings is governed by Prince Edward Island's licensing rules, and the 2021 Census counted 687 people in the community.

Products compared here

Two of the 20 covered products appear below, each with the purpose the product is designed for.

  • Emergency loans: Money for an urgent expense, and the order in which a sensible borrower works through the options.
  • Unsecured loans: Borrowing with no asset pledged, priced for the risk the lender is taking on your file alone.

How borrowing works locally

A lender may ask for proof of address, and a permanent address is a standard requirement for consumer credit.

A longer amortisation lowers each payment and raises the total interest paid over the life of the loan. Adding a co-signer puts a second file in front of the lender and adds a second person to the obligation.

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.

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.

The census figures for Eastern Kings

Statistics Canada's 2021 Census gives Eastern Kings a population of 687. The census records a land area of 141.1 square kilometres for Eastern Kings.

The arithmetic gives 4.9 people per square kilometre.

The community is the 39th largest place in the province within this census set.

Compared with the other 91 covered Prince Edward Island places, Eastern Kings ranks 39 by population.

Eastern Kings ranks 39 by 2021 Census population among the covered places in Prince Edward Island.

Eastern Kings appears in the census record with 687 residents, and the density of 4.9 people per square kilometre follows from it.

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

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

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

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

The land area recorded for Eastern Kings is 141.1 square kilometres, and the population is 687 residents in the 2021 Census.

The density figure for Eastern Kings, 4.9 people per square kilometre, is calculated from the population and land area above.

Eastern Kings is one of 91 covered Prince Edward Island places, counted at 687 residents with a land area of 141.1 square kilometres.

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

At 687 residents in the 2021 Census, Eastern Kings is listed alongside the other covered places in Prince Edward Island.

Eastern Kings sits at rank 39 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.

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.

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

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

Borrowing in Eastern Kings

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

Charlottetown 38,809 Summerside 16,001 Stratford 10,927 Three Rivers 7,883 Cornwall 6,574 New Glasgow 4,277

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