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goeasy Ltd T.GSY

Alternate Symbol(s):  EHMEF

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 estate secured instalment loans. The LendCare operating segment specializes in financing consumer purchases in the powersports, automotive, retail, healthcare, and home improvement categories. The easyhome segment provides leasing services for household furniture, appliances and electronics and unsecured lending products to retail consumers. Its customers can transact seamlessly through an omnichannel model that includes online and mobile platforms, over 400 locations across Canada, and point-of-sale financing offered in the retail, powersports, automotive, home improvement and healthcare verticals.


TSX:GSY - Post by User

Comment by cpeczekon Mar 28, 2023 5:43pm
77 Views
Post# 35365598

RE:Why the big drop in share price?

RE:Why the big drop in share price?They were right. Interest is capped at 35% now. As well they changed the way financial firm's dividends are taxed in the government's favour. Not great for GSY, this will definitely impact earnings but like someone else said they have been working to lower the average interest charged by doing more secure loans and other types of loans through Lendcare and autofinancing. 


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