Payday Loans PEI

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AMOUNT

$500 - $1,000

INTEREST RATE

Varies

TERMS

3 - 6 months

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AMOUNT

$150-$1000

INTEREST RATE

30.4% APR

TERMS

30 Days

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AMOUNT

$100 - $1,500

INTEREST RATE

Varies

TERMS

2 months

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AMOUNT

Up to $250

INTEREST RATE

0% APR (Has Fees)

TERMS

Varies

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AMOUNT

$100 - $1,500

INTEREST RATE

Varies

TERMS

2 months

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AMOUNT

$500 - $1,000

INTEREST RATE

29.99% - 46.96%

TERMS

84 - 120 days

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Expert Review & Editorial Standards

This page was researched, written, and reviewed by financial professionals with expertise in Canadian lending regulations. All information is regularly updated to reflect current rates, terms, and regulatory changes.

Reviewed By

Jenna West

Financial Writer & Content Director

Jenna has covered the Canadian FinTech and consumer lending industry since 2017. She specializes in regulatory updates, consumer protection, and helping Canadians navigate complex financial products.

8+ years analyzing Canadian consumer lending
Monitors FCAC and provincial regulatory changes
Specializes in personal loans and alternative lending

Written By

Amy Orr

Financial Content Specialist

Amy is a financial writer with 10+ years covering Canadian, U.S., and U.K. financial markets. She holds a Masters in Finance from the University of Edinburgh Business School and formerly worked in the hedge fund sector.

Masters in Finance, University of Edinburgh
Former hedge fund professional
Published in major financial publications

About Smarter Loans

Canada's independent lending comparison platform since 2016. Trusted by over 2 million Canadians and recognized by the Toronto Star as "the GPS of FinTech Lending." Featured in the National Post and major Canadian publications.

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Verified Lenders Only All lenders verified for proper licensing and regulatory compliance

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Editorial Independence Content created independently from business relationships

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Regular Updates Content monitored and updated for rate changes and new regulations

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2M+ Canadians Served Helping Canadians compare loans since 2016

Our Editorial Process

Every page undergoes research, expert writing, fact-checking, and review by our Financial Content Director. We verify all rates, terms, and regulatory information against official sources including FCAC guidelines and provincial lending regulations.

Last Updated: June 12, 2025 | Next Review: Ongoing monitoring

Transparency

Smarter Loans is free for consumers. We may earn compensation from lenders when users apply, but this doesn't influence our editorial content or which lenders we list. All lenders must meet our standards for licensing, transparency, and customer service.

Consumer Protection

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