Consumer Portfolio Services, Inc. (CPS) is a specialty finance company that provides indirect automobile financing to vehicle purchasers with past credit problems, low incomes or
limited credit histories.
The CMO Survey - Highlights and Insights Report - Spring 2024
Consumer Portfolio Services
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2. About Consumer Portfolio Services
Consumer Portfolio Services is an independent specialty
finance company that provides indirect automobile
financing to individuals with past credit problems, low
incomes or limited credit histories. We purchase retail
installment sales contracts primarily from franchised
automobile dealerships secured by late model used
vehicles and, to a lesser extent, new vehicles. We fund
these contract purchases on a long-term basis primarily
through the securitization markets and service the
contracts over their lives. Our headquarters are located in
Irvine, California and we have three additional
strategically located servicing branches in Virginia, Florida
and Illinois.