Subprime lender Goeasy experienced a significant 39% stock dive as issues emerged within its auto loan portfolio, highlighting common mistakes amid high interest rates.

Goeasy's shares plummeted by 57% following a significant increase in loan losses and the suspension of its dividend, raising concerns about the company's financial health.

Shares of goeasy experienced a significant decline following the company's fourth-quarter charge-offs, which prompted the withdrawal of its financial guidance.