Consumer Portfolio Services, Inc.

The company is a specialty finance company that purchases and services retail automobile contracts. These contracts are primarily originated by franchised automobile dealers and, to a lesser extent, by select independent dealers in the United States. The company provides indirect financing to customers with limited credit histories or past credit problems, referred to as sub-prime customers, facilitating sales for dealers who might not secure financing from traditional sources like commercial banks, credit unions, or captive finance companies. In addition to purchasing installment purchase contracts directly from dealers, the company has also originated vehicle purchase money loans by lending directly to consumers, acquired installment purchase contracts through four merger and acquisition transactions, and purchased immaterial amounts of vehicle purchase money loans from non-affiliated lenders. All such contracts and loans are referred to as "automobile contracts." The company was incorporated and began operations in March 1991. From inception through December 31, 2025, it has purchased approximately $24.7 billion of automobile contracts from dealers. The managed portfolio, which includes contracts owned and those serviced for third parties, was $2,249,069 thousand in 2021, $3,001,308 thousand in 2022, $3,194,623 thousand in 2023, $3,665,725 thousand in 2024, and $3,898,425 thousand in 2025. The principal executive offices are in Las Vegas, Nevada. Most operational and administrative functions are in Irvine, California. Credit and underwriting functions are primarily performed in the California branch, with some also in Florida and Nevada branches. Automobile contracts are serviced from branches in California, Nevada, Virginia, Florida, and Illinois.