Borrowing in Hampshire, Prince Edward Island

With 339 residents counted in the 2021 Census, Hampshire sits inside Prince Edward Island's provincial lending framework.

How borrowing works locally

A lender is free to set its own price below the legal ceiling, and it does so according to the risk it reads in the file.

Disclosure requirements mean the cost of borrowing must be stated before an agreement is signed. A consumer proposal or a bankruptcy is administered by a licensed insolvency trustee rather than by a lender.

Products compared here

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

• Car loans: Financing a vehicle, including the effect of trade-in equity, negative equity and dealer-arranged credit.
• Debt consolidation loans: Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps.

The census figures for Hampshire

Hampshire recorded a population of 339 in Statistics Canada's 2021 Census of Population. 13.5 square kilometres of land are attributed to Hampshire.

Population divided by land area produces a density of 25.1 people per square kilometre.

By population it ranks 62 among the Prince Edward Island places covered here.

The place record for Hampshire covers 13.5 square kilometres and 339 residents, a density of 25.1 people per square kilometre.

The Prince Edward Island rules that apply

Consumer credit in Prince Edward Island is licensed by the provincial or territorial regulator, and the Financial Consumer Agency of Canada publishes the 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.

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

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

Hampshire sits at rank 62 within Prince Edward Island in this data set, and the provincial rules apply as they do elsewhere.

The density figure for Hampshire, 25.1 people per square kilometre, is calculated from the population and land area above.

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

At 339 residents in the 2021 Census, Hampshire is listed alongside the other covered places in Prince Edward Island.

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

Hampshire is one of 91 covered Prince Edward Island places, counted at 339 residents with a land area of 13.5 square kilometres.

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

Hampshire appears in the census record with 339 residents, and the density of 25.1 people per square kilometre follows from it.

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

Hampshire ranks 62 by 2021 Census population among the 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.

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