@consumerportfolio.com
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About
Description
Consumer Portfolio Services (CPS) is an independent specialty finance company with operational headquarters in Irvine, California. Since 1991, CPS has been providing indirect automobile financing to individuals with past credit problems, low incomes, or limited credit histories. The company purchases retail installment sales contracts primarily from franchised automobile dealerships, backed by late model used vehicles and, to a lesser extent, new vehicles.
CPS funds these contracts primarily through the securitization markets and services them over their lifespans. With over $20. 8 billion in contracts purchased and a total managed portfolio of approximately $2.
9 billion as of June 30, 2023, CPS is a key player in the industry. The company maintains dealer relationships in 48 states across the United States, with approximately 188,000 active customers and 803 employees in its branches in five states. CPS's common stock is traded on the NASDAQ National Market System under the ticker "CPSS.
" If you are in need of automotive financing and have a challenging credit history, CPS is here to help
Company Type
Public Company
Company Size
501-1000
Year Founded
1991
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