CPS’ originations fall 12.3% in Q3
Consumer Portfolio Services’ originations decreased in the third quarter due in part to credit tightening. The subprime lender’s purchased contracts, ...
Tag: Consumer Portfolio Services
CPS: AI agents as effective as humans in some cases
AI debt collectors are performing at rates comparable to human agents for some auto lenders. Since subprime lender Consumer Portfolio ...
Consumer Portfolio Services’ Mike Lavin joins Auto Finance Summit 2025
Auto Finance News is pleased to announce that Mike Lavin, president at Consumer Portfolio Services, will join a session on ...
Bankruptcy filings up 13%, pose opportunity for subprime lenders
A steady increase in bankruptcy filings over the past three years poses a growth opportunity for subprime auto lenders. FinBe ...
CPS taps ‘resilient’ customers as originations rise 30.3%
NASHVILLE, Tenn. — In the face of potential market downturns, subprime lenders are looking to identify and lean on their ...
CPS originations up 51.7%
Consumer Portfolio Services’ originations increased in the fourth quarter as the company looked to grow its portfolio in 2025 and ...
CPS eyes ‘organic growth’ in 2025
Subprime lender Consumer Portfolio Services is building its sales force as the company prepares for organic growth in 2025 on ...
Chase Auto speeds e-contract funding to minutes
Chase Auto has cut funding time to minutes using technology, and expects more contracts to be funded faster by yearend. ...
