CPS ups credit loss provisions, originations
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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