Moody's affirmed goeasy Ltd.'s corporate family rating of Ba3, with a stable outlook.
The rating agency said the affirmation is due to the company's unchanged ba3 stand-alone assessment. The assessment is supported by the company's leading market position in the Canadian subprime consumer lending market and this has led to strong profits, according to Moody's.
The stable outlook reflects the rating agency's expectations that the company will continue to maintain strong profits and solid capital levels over the next 12 to 18 months.
