Tag: Consumer Portfolio Services

Consumer Portfolio Services’ originations grew in the second quarter while credit performance weakened. The Irvine, Calif.-based lender’s originations rose 24.7% ...

Consumer Portfolio Services launched an AI fraud tool in the first quarter that saved the company over $1 million tied ...

Consumer Portfolio Services‘ originations declined year over year, but the subprime lender’s portfolio grew as it secured additional capital and ...

Consumer Portfolio Services is focusing on document automation to improve efficiency and prevent fraud.  Machine learning, artificial intelligence and e-contracting ...

Consumer Portfolio Services is focusing on building its servicing and collections practices as the company works to get ahead of ...

The average interest rate for a 60-month loan for a new vehicle and a 1-year-old used vehicle has ticked down ...

Subprime market share continued to decline across total new- and used-auto loans in the fourth quarter as subprime lenders have ...

Interest rates will largely dictate how financial institutions manage risk and maintain origination volume in 2024.  Elevated interest rates caused ...