Consumer Portfolio Services, Inc.

Consumer Portfolio Services, Inc. (CPS) is an independent specialty finance company established in 1991, headquartered in Irvine, California, with additional servicing branches in Nevada, Virginia, Florida, and Illinois. Its core business revolves around providing indirect automobile financing. The company's mission is to offer financing solutions to individuals who may have past credit problems, low incomes, or limited credit histories, thereby serving a market segment often underserved by traditional lenders.

CPS primarily purchases retail installment sales contracts from franchised and select independent automobile dealerships across 48 states, facilitating the sale of new and used automobiles, light trucks, and passenger vans. The company funds these contract purchases on a long-term basis, predominantly through the securitization markets, and then services these contracts over their lifespan. They offer various financing programs, including options for first-time buyers and those with recently discharged bankruptcies, tailoring solutions to different credit risk profiles.

Under the long-tenured leadership of CEO Charles E. Bradley, Jr., who has served since January 1992, CPS continues to be a prominent player in the subprime auto lending sector. As of late 2025, the company managed a total portfolio of approximately $3.9 billion with around 221,000 active customers and has maintained profitability for 55 consecutive quarters. Recent activities include the completion of a $514.07 million asset-backed securitization in April 2026, marking its 59th senior subordinate securitization since 2011, and an increase in its revolving credit facility capacity to $390 million in April 2026.