Company: CPSS
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001683168-25-001548
Chunk: 674

Company: CONSUMER PORTFOLIO SERVICES, INC.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 2
Chunk 674
---
 the historical performance of similar receivables and CPS’s experience as a servicer. The weighted average coupon
on the notes is approximately 5.88%.

The 2025-A transaction has
initial credit enhancement consisting of a cash deposit equal to 1.00% of the original receivable pool balance and overcollateralization
of 4.35%. The transaction agreements require accelerated payment of principal on the notes to reach overcollateralization of the lesser
of 8.50% of the original receivable pool balance, or 23.00% of the then outstanding pool balance. The transaction was a private offering
of securities, not registered under the Securities Act of 1933, or any state securities law.

 F-39