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CPS originations up 36% year over year 

Consumer Portfolio Services’ delinquencies, net charge-offs rose 

Amanda Harris

Consumer Portfolio Services’ originations grew in the second quarter while credit performance weakened. The Irvine, Calif.-based lender’s originations rose 24.7% quarter over quarter and 35.7% year over year to $431.9 million, according to CPS’ earnings release today.. Outstandings came in at $3.2 billion, up 5% QoQ and 9% YoY.   CPS received 310,000 applications in Q2, […]

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