Consumer Portfolio Services

Consumer Portfolio Services, established in 1991, operates as a specialized finance company within the brokerage and finance industries. The core of its business involves purchasing and servicing retail automobile contracts. These contracts are generated by franchised automobile dealers and select independent dealers for the sale of new and used automobiles, light trucks, and passenger vans. Generating $202.8M in revenue, Consumer Portfolio Services is a key player in the automotive finance market, offering essential financing solutions to consumers. The company maintains a significant operational presence with 12 locations supporting its nationwide activities.

The company's workforce comprises 500 - 1,000 employees, who are instrumental in managing its extensive portfolio and ensuring client satisfaction. This dedicated team drives the company's success in processing and administering automobile contracts efficiently. Meet Consumer Portfolio Services's team for a deeper understanding of their operational expertise and leadership. Their primary product focus is specialty finance, specifically indirect automobile financing, designed to meet the needs of a broad spectrum of consumers.

In a competitive landscape, Consumer Portfolio Services contends with major players including Exeter Finance, Westlake Financial, Flagship Credit Acceptance, and Credit Acceptance. The company carves out its niche by providing specialty financing, particularly for consumers who may have limited credit history or income. This focus makes their services vital for individuals seeking vehicle financing options that may not be available through traditional lenders.