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CPS Auto Receivables Trust 2015-A -- Moody's upgrades CPS subprime auto loan ABS issued in 2014 and 2015

Moody's Investors Service ("Moody's") has upgraded the ratings for three notes from three transactions serviced by Consumer Portfolio Services, Inc. For provisional ratings, this announcement provides certain regulatory disclosures in relation to the provisional rating assigned, and in relation to a definitive rating that may be assigned subsequent to the final issuance of the debt, in each case where the transaction structure and terms have not changed prior to the assignment of the definitive rating in a manner that would have affected the rating.