Consumer Portfolio Services, Inc.

Consumer Portfolio Services, Inc. is a specialty finance company that purchases and services retail automobile contracts from franchised and select independent dealers. It provides indirect financing to customers with limited credit histories or past credit problems, serving as an alternative source of financing for dealers. The company also acquires installment purchase contracts through merger and acquisition transactions and offers financing directly to sub-prime consumers to facilitate their purchase of vehicles. It generates revenue by earning interest and fees from the financing provided to customers and dealers, and it services its automobile contracts through branches in several states.

Products

• Indirect financing for automobile purchases

• Acquisition of installment purchase contracts

• Direct financing for sub-prime consumers