Bullboard - Stock Discussion Forum goeasy Ltd EHMEF

Primary Symbol: T.GSY

goeasy Ltd. is a Canada-based company, which provides non-prime leasing and lending services through its easyhome, easyfinancial and LendCare brands. The Company's segments include easyfinancial and easyhome. The easyfinancial segment lends out capital in the form of unsecured and secured consumer loans to non-prime borrowers. easyfinancial’s product offering consists of unsecured and real... see more

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goeasy Ltd > Canada’s immigration policy

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Post by Torontojay on Apr 11, 2023 11:04am

Canada’s immigration policy

Is a boon to Goeasy's business model.

The title says it all!

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Comment by cpeczek on Apr 11, 2023 7:47pm

I have been wondering how many immigrants use Goeasy. I have looked into it before doing rudimentary searches and couldn't find much info. Even going to very immigrant heavy cities like Brampton, Surrey or Markham shows most of the Google reviews are from people with English sounding names. Do you have any info on this?

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Comment by Torontojay on Apr 11, 2023 10:01pm

Many immigrants are going to be priced out of a loan from Canada's mainstream banks. The lack of credit history makes them a risk for tier 1 lenders. They don't want to deal with these people. There isn't a lot of competition either for alternative choices as US competitors exited after the great financial crisis. If someone were to ask me why Goeasy is going to be a great ...more

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