Consumer Portfolio Services‘ originations rose 75% year over year in the second quarter while credit performance improved. CPS purchased $757.7 million of new contracts in Q2, up 42.1% quarter over quarter, according to the subprime lender’s earnings release today. Outstandings totaled $4.3 billion, up 16.2% YoY and 9.3% QoQ. Second-quarter originations growth followed investments in technology and marketing […]
Already subscribed? Log in






