Company: CPSS
Filing Date: 2025-03-26
Form Type: 424B2
Source: 0001683168-25-001896
Chunk: 40

Company: CONSUMER PORTFOLIO SERVICES, INC.
Filing Date: 2025-03-26
Form: 424B2
Chunk 40
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 ten years   |

You will select the term
of each note you purchase when you subscribe. You may purchase multiple notes with different terms by filling in investment amounts for
more than one term on your subscription agreement. However, we may not always sell notes with all of the above terms.

Interest Rate. The
rate of interest we will offer to pay you on notes at any particular time will vary based upon market conditions, and will be determined
by the length of the term of the notes, the total principal amount of all notes owned by you and your immediate family, our capital requirements
and other factors described below. The interest rate on a particular note will be determined at the time of subscription or renewal, and
then remain fixed for the original or renewal term of the note. We will establish and may change the interest rates payable for notes
of various terms and at various investment levels in an interest rate supplement to this prospectus.

The notes will earn incrementally
higher interest rates when, at the time they are purchased or renewed, the aggregate principal amount of the note portfolio of the holder.
The interest rates payable at each level of investment will be set forth in an interest rate supplement to this prospectus.

Interest rates we offer on
the notes may vary based on numerous factors in addition to length of the term and aggregate principal amount. These factors may include,
but are not limited to:

| · | the desire to attract new investors;                                                              |
| · | whether the notes exceed certain principal amounts;                                               |
| · | whether the notes are being renewed by existing holders; and                                      |
| · | whether the notes are beneficially owned by persons residing in particular geographic localities. |

Computation of Interest.We will compute interest on notes on the basis of a calendar year consisting of 365 days. Interest will compound daily and accrue
from the date of purchase. The date of purchase will be the date we receive and accept funds if the funds are received prior to 12:01
p.m. central time on a business day, or the next business day if the funds are received on a non-business day or at or after 12:01 p.m.
central time on a business day. Our business days are Monday through Friday, except for legal holidays in the State of Minnesota.

Interest Payment Dates.Holders of notes may elect at the time a subscription agreement is completed to have interest paid either monthly, quarterly, semiannually,
annually or at maturity. If you choose to have interest paid monthly, you