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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 Torontojayon May 11, 2023 7:10pm
117 Views
Post# 35444347

RE:Back to pre-Budget levels

RE:Back to pre-Budget levels

I remember way back when the oil crash happened and I was worried about credit losses coming out of Alberta. Surprisingly, the business was resilient and the profits kept going higher. These guys seem to be great at dodging bullets. 

First it was the oil crash. Then it was covid. Now it's the cap on interest rates. I'm sure they will circumvent this issue with ease. 

 

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