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Home » CPS ups credit loss provisions, originations

CPS ups credit loss provisions, originations

Amanda HarrisbyAmanda Harris
February 24, 2021
in Earnings, Sales & Marketing
Reading Time: 2 mins read
0
cars on a dealership lot

(Courtesy/Can Stock Photo / happyalex)

Consumer Portfolio Services has added to its provision for credit losses and logged increased delinquency rates in the third quarter. The Irvine, Calif.-based lender increased its provision for credit losses 138% from last quarter to $7.4 million, a 62% decrease year over year, according to the earnings release. Year-to-date loss provisions sit at $14.1 billion, […]

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