Consumer Portfolio Services acceptance rate falls to 51%
Subprime lender Consumer Portfolio Services’ acceptance rate has fallen by 21 percentage points so far this year when compared with ...
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Consumer Portfolio Services updates automated decisioning tool
Consumer Portfolio Services is gearing up to launch the latest iteration of its automated origination “scorecard.” CPS in the first ...
5 questions with … Consumer Portfolio Services COO Mike Lavin
At Consumer Portfolio Services (CPS), Chief Operating Officer and Chief Legal Officer Mike Lavin centers his leadership approach around humility ...
Consumer Portfolio Services bets on automation to increase efficiencies
Subprime auto lender Consumer Portfolio Services (CPS) inked a pair of fintech partnerships in September to automate credit decisioning and servicing operations ...
Consumer Portfolio Services doubles credit facility to $200M
Consumer Portfolio Services (CPS) has doubled its credit facility with Ares Agent Services to $200 million as the company looks ...
Consumer Portfolio Services revamps to think more like a fintech
Consumer Portfolio Services is going all in on artificial intelligence (AI), machine learning (ML) and big data as the 31-year-old ...
Consumer Portfolio Services expands financing into nonprime
Consumer Portfolio Services launched nonprime financing in the first quarter as the lender logged its “best quarter ever” in originations ...
Consumer Portfolio Services closes first ABS deal of 2022
Consumer Portfolio Services (CPS) tied the knot on its first asset-backed securitization of 2022, a $316.8 million deal backed by ...
