Company: CPSS
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001683168-25-003436
Chunk: 76

Company: CONSUMER PORTFOLIO SERVICES, INC.
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 2
Chunk 76
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57.8%  
     22,772  
     31.8%  
     7,412  
     10.4%  
     19 

    2020 
     83,170  
     55,266  
     66.4%  
     23,869  
     28.7%  
     4,035  
     4.9%  
     22 

    2021 
     47,010  
     32,903  
     70.0%  
     12,871  
     27.4%  
     1,236  
     2.6%  
     20 

    2022 
     56,142  
     38,265  
     68.2%  
     15,923  
     28.4%  
     1,954  
     3.5%  
     16 

    2023 
     83,113  
     61,814  
     74.4%  
     18,040  
     21.7%  
     3,259  
     3.9%  
     12 

    2024 
     90,484  
     84,017  
     92.9%  
     4,273  
     4.7%  
     2,194  
     2.4%  
     6 

______________________

Note: Table excludes extensions on portfolios
serviced for third parties

We
view these results as a confirmation of the effectiveness of our extension program. For example, of the accounts granted extensions in
2019, 57.8% were either paid in full or active and performing as of March 31, 2025. Each of these successful accounts represent continued
payments of interest and principal (including payment in full in many cases), where without the extension we likely would have incurred
a substantial loss and no interest revenue after the extension.

 36 

For the extension accounts that
ultimately charge off, we consider any that charged off more than six months after the extension to be at least partially successful.
For example, of the accounts granted extensions in 2018 that