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CPS application volume jumps 16% from yearend 

Auto Finance Summit 2024 

Ash SavagebyAsh Savage
October 8, 2024
in Risk Management
Reading Time: 3 mins read
0

LAS VEGAS — Subprime lender Consumer Portfolio Services’ application volume is up nearly 16% compared with yearend 2023 despite a dip in the financier’s approval rate on the heels of credit tightening.  The Irvine, Calif.-based lender is receiving about 11,000 applications a day, up approximately 15.8% compared with yearend 2023, President Mike Lavin said Oct. […]

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