Tag: Consumer Portfolio Services

Consumer Portfolio Services‘ originations rose 75% year over year in the second quarter while credit performance improved.  CPS purchased $757.7 million of ...

Consumer Portfolio Services’ originations increased in the first quarter on the heels of expansion efforts over the past 18 months.  Consumer Portfolio Services’ (CPS) purchased contracts ...

Consumer Portfolio Services plans to grow its prime lending program in 2026 after securing a $900 million forward-flow agreement.  The expansion is a ...

Consumer Portfolio Services’ originations declined in the fourth quarter and the full year as the financier prioritized margins and credit health.  The ...

Chase Auto made leadership changes in February to shore up pricing and product management.   Steve Weger was named head of product at ...

Consumer Portfolio Services has closed a private residual interest securitization worth $50 million.   The auto lender sold asset-backed notes with a coupon rate of 8.75% that were ...

Consumer Portfolio Services’ originations decreased in the third quarter due in part to credit tightening. The subprime lender’s purchased contracts, ...

AI debt collectors are performing at rates comparable to human agents for some auto lenders. Since subprime lender Consumer Portfolio ...