CPS grows originations despite 'exceedingly competitive' market, CEO says | Auto Finance News | Auto Finance News

CPS grows originations despite ‘exceedingly competitive’ market, CEO says

© Can Stock Photo / NomadSoul1

Consumer Portfolio Services’ originations increased 16.5% in the second quarter, to $250.1 million, despite the fact that the industry is “exceedingly competitive” and “people are growing like crazy,” Chief Executive Charles Bradley said during an earnings call yesterday. “That puts pressure on us to eke out our meager growth and our performance amongst these people that […]

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