Consumer Portfolio Services specializes in purchasing and servicing automobile contracts for subprime customers through licensed motor vehicle dealers.
With a managed portfolio of $3.89 billion, CPS provides alternative financing solutions for customers who may have difficulty obtaining traditional financing.
The company utilizes advanced machine learning and artificial intelligence models to make instant credit decisions and ensure higher quality loans.
Company Overview
Established in 1991, CPS has a NASDAQ listing with 56 consecutive profitable quarters and 107 ABS deals to date.
CPS Advantage
Utilizes various scorecards and industry-leading modeling frameworks to assess risk and make informed decisions. The risk department is led by industry veterans.
Leadership Team
Led by CEO Charles "Brad" Bradley, CPS boasts a senior management team with over 300 years of auto lending experience.
Market Insights
Operating in a $1.6 trillion auto loan market, CPS focuses on subprime financing with a small, fragmented market dynamics footprint.
Product Offering
CPS offers a range of financing options with varying interest rates to cater to different customer profiles.
- CPS's focus on subprime auto financing positions it in a segment of the market that caters to customers with lower credit scores.
- The company's use of advanced modeling and data analytics enhances its ability to assess risk and make informed lending decisions.
Consumer Portfolio Services stands out as a leader in subprime auto financing with a strong track record of profitability and a focus on utilizing advanced technologies for credit decisions. The company's experienced leadership team and strategic market positioning contribute to its success in the industry.