Consumer Portfolio Services Inc
Company Profile
Business description
Consumer Portfolio Services Inc is a U.S.-based company operating in the specialty finance sector. Its business is to purchase and service retail automobile contracts originated by franchised automobile dealers and, to a lesser extent, by select independent dealers in the United States in the sale of new and used automobiles, light trucks, and passenger vans. Through its automobile contract purchases, the company provides indirect financing to the customers of dealers having limited credit histories, low incomes, or past credit problems, who it refers to as sub-prime customers. It serves as an alternative source of financing for dealers, facilitating sales to customers.
Contact
3800 Howard Hughes Parkway
Las VegasNV89169
USAT: +1 949 753-6800
Sector
Financial Services
Stock type
Cyclical
Industry
Credit Services
Fiscal Year End
31 December 2024
Employees
925
Morningstar Investment Ideas
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