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Subprime Lender Goeasy Sees Elevated Writeoffs Before Business Improves

Subprime Lender Goeasy Sees Elevated Writeoffs Before Business Improves

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Subprime lender Goeasy Ltd., which surprised investors weeks ago with a surge of bad debts in its vehicle financing business, said it expects loan writeoffs to remain elevated for a while before getting better later in the year.

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