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Consumer Portfolio Services, Inc. (CPSS)

7.69 Down 0.06(0.77%) 4:00PM EDT
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Consumer Portfolio Services, Inc.
PO Box 57071
Irvine, CA 92619
United States - Map
Phone: 888-469-4520

Index Membership:N/A
Industry:Credit Services
Full Time Employees:705

Business Summary 

Consumer Portfolio Services, Inc. operates as a specialty finance company in the United States. It purchases and services retail automobile contracts originated by franchised automobile dealers and select independent dealers in the sale of new and used automobiles, light trucks, and passenger vans. The company, through its automobile contract purchases, provides indirect financing to the customers of dealers with limited credit histories, low incomes, or past credit problems. It serves as an alternative source of financing for dealers, facilitating sales to customers who might not be able to obtain financing from commercial banks, credit unions, and the captive finance companies. The company also purchases vehicle purchase money loans from non-affiliated lenders; directly originates vehicle purchase money loans by lending money directly to consumers; and directly originates loans secured by automobiles that are owned by consumers. Consumer Portfolio Services, Inc. provides its automobile contracts through its headquarters and three servicing branches in Virginia, Florida, and Illinois. The company was founded in 1991 and is headquartered in Irvine, California.

Key Statistics

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Corporate Governance 
Consumer Portfolio Services, Inc.’s ISS Governance QuickScore as of Apr 1, 2014 is 5. The pillar scores are Audit: 1; Board: 9; Shareholder Rights: 1; Compensation: 8.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Charles E. Bradley Jr., 54
Chairman, Chief Exec. Officer and Pres
Mr. Robert E. Riedl , 50
Chief Investment Officer and Sr. VP
Mr. Michael T. Lavin , 41
Sr. VP and Gen. Counsel
Mr. Jeffrey P. Fritz , 54
Chief Financial Officer, Principal Accounting Officer and Sr. VP
Mr. Curtis K. Powell , 57
Sr. VP of Project Devel.
Amounts are as of Dec 31, 2012 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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