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Goeasy reports $336.9M loss due to LendCare write-downs and job cuts amid rate caps.
Non-prime lender Goeasy reported a $336.9 million loss for the fourth quarter of 2025, driven by a $178 million write-down and a $159.6 million goodwill impairment tied to its LendCare business.
Facing pressure from a federal interest rate cap and rising delinquencies, the company tightened credit standards and cut 237 jobs.
Despite strong loan originations, the firm expects continued financial pressure through 2026.
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Goeasy reporta una pérdida de $336.9 millones debido a las reducciones de LendCare y recortes de empleos en medio de los límites de tasas.