
Consumer Portfolio Services (NASDAQ:CPSS) operates in the financial services sector, primarily focusing on the auto financing market. It specializes in providing financing solutions to consumers with less-than-perfect credit, enabling them to purchase vehicles. The company's offerings include purchasing retail installment sales contracts from and originating contracts with auto dealers, facilitating vehicle purchasing for consumers who might face difficulties obtaining financing from traditional sources. CPSS works closely with a broad network of dealership partners to ensure a wide reach and accessibility for its services. The main objective of Consumer Portfolio Services is to contribute to financial inclusion by enabling car ownership among a broader spectrum of consumers, thereby driving progress in the auto finance industry. The company is committed to growth through strategic loan portfolio acquisitions and forging strong relationships with auto dealers across the United States.