Consumer Portfolio Services

Consumer Portfolio Services (CPS) is a specialty finance company specializing in indirect automobile financing. They provide financial solutions to individuals with past credit problems, low incomes, or limited credit histories. CPS purchases retail installment sales contracts primarily from franchised automobile dealerships, securing these contracts with late model used vehicles and, to a lesser extent, new vehicles. They fund these purchases through the securitization markets and service the contracts over their lifespan.

Headquartered in Irvine, California, CPS has servicing branches strategically located in Nevada, Virginia, Florida, and Illinois. They maintain dealer relationships in 48 states across the US and service a managed portfolio of approximately $3.4 billion, with around 199,000 active customers and 925 employees. The company's common stock is traded on the NASDAQ National Market System under the ticker "CPSS."

Consumer Portfolio Services (CPS) is an independent specialty finance company that provides indirect automobile financing to individuals with past credit problems, low incomes, or limited credit histories. CPS purchases retail installment sales contracts primarily from franchised automobile dealerships, secured by late model used vehicles and, to a lesser extent, new vehicles. The company funds these contract purchases on a long-term basis primarily through the securitization markets and services the contracts over their lives.

Consumer Portfolio Services promotes a culture of controlled growth and operational efficiency, focusing on providing indirect automobile financing to individuals with past credit problems. The company emphasizes a strong management team with extensive experience in sub-prime auto finance and values employee contributions towards achieving these goals.

Consumer Portfolio Services emphasizes diversity and inclusion in their hiring practices and company culture. They actively seek qualified candidates from diverse backgrounds and offer a variety of positions within the organization. Additionally, they boast a strong management team with diverse experience and backgrounds, contributing to a culture that values different perspectives and experiences.