Consumer Portfolio Services Inc CPSS

Financial Services Credit Services

Consumer Portfolio Services, Inc. is a specialty finance company. The Company’s business is to provide purchase and service retail automobile contracts originated primarily by franchised automobile dealers and, to a lesser extent, by select independent dealers in the United States in the sale of new and used automobiles, light trucks, and passenger vans. Through its automobile contract purchases, it provides indirect financing to the customers of dealers. It serves as an alternative source of financing for dealers, facilitating sales to customers from traditional sources, such as commercial banks, credit unions, and the finance companies affiliated with automobile manufacturers. It also originates vehicle purchase money loans by lending directly to consumers. It offers over eight different financing programs and prices each program according to relative credit risk. Its financing programs include First Time Buyer, Mercury / Delta, Standard, Alpha, Alpha Plus, Super Alpha and Preferred.

NDAQ:CPSS - Post by User

Consumer Portfolio Services Inc

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Post by whytestockson Sep 17, 2024 6:47pm

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CPS Announces $416.82 Million Senior Subordinate Asset-Backe

News; $CPSS CPS Announces $416.82 Million Senior Subordinate Asset-Backed SecuritizationLAS VEGAS, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) announced the closing of its fourth term securitization in 2024 on Tuesday, September 17, 2024. The transaction is CPS's 53rd senior subordinate secu...CPSS - CPS Announces $416.82 Million Senior Subordinate Asset-Backed Securitization

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