CPS originations up 51.7%
Consumer Portfolio Services’ originations increased in the fourth quarter as the company looked to grow its portfolio in 2025 and ...
Tag: Consumer Portfolio Services
CPS eyes ‘organic growth’ in 2025
Subprime lender Consumer Portfolio Services is building its sales force as the company prepares for organic growth in 2025 on ...
Chase Auto speeds e-contract funding to minutes
Chase Auto has cut funding time to minutes using technology, and expects more contracts to be funded faster by yearend. ...
CPS AI voice bot to target collections
Consumer Portfolio Services is using artificial intelligence to improve collections, streamline communication with consumers and fund deals faster. Irvine, Calif.-based ...
CPS originations up 36% year over year
Consumer Portfolio Services’ originations grew in the second quarter while credit performance weakened. The Irvine, Calif.-based lender’s originations rose 24.7% ...
CPS saves over $1M in potential fraud exposure in Q1
Consumer Portfolio Services launched an AI fraud tool in the first quarter that saved the company over $1 million tied ...
CPS originations dip 16%, collections improve
Consumer Portfolio Services‘ originations declined year over year, but the subprime lender’s portfolio grew as it secured additional capital and ...
CPS supports efficiency, cost savings through 99% automation
Consumer Portfolio Services is focusing on document automation to improve efficiency and prevent fraud. Machine learning, artificial intelligence and e-contracting ...
