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goeasy Ltd T.GSY

Alternate Symbol(s):  EHMEF

Financial Services Credit Services
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

goeasy Ltd > New Press Release - goeasy Ltd. Announces Pricing of US$400 Million of Senior Unsecured Notes
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Comment by McRambuson Feb 22, 2024 6:55pm
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Post# 35894601

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:New Press Release - goeasy Ltd. Announces Pricing of US$400 Million of Senior Unsecured Notes

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:New Press Release - goeasy Ltd. Announces Pricing of US$400 Million of Senior Unsecured NotesYOU are the one missing the point. Housing does not pertain much to GSY.

In plain English, the poorer and more debt a consumer holds the lower his credit score the more customers will flock to GSY because the big banks won't serve them. Your fear mongering of this housing crash I've been hearing about simce 2011; all I see is mortgage holders who can't make monthly payments just get the payments added to their mortgage. I don't see anyone losing their homes. In this scenario prices will not drop. Housing is backed by the government here. This isn't the USA
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