Company: CPSS
Filing Date: 2025-11-24
Form Type: 424B2
Source: 0001683168-25-008655
Chunk: 4

Company: CONSUMER PORTFOLIO SERVICES, INC.
Filing Date: 2025-11-24
Form: 424B2
Chunk 4
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                               | 1,357,752 |     |                                 | 3,194,623 |
| 2024                                 |     |                               | 1,681,941 |     |                                 | 3,665,725 |
| Nine months ended September 30, 2025 |     |                               | 1,275,293 |     |                                 | 3,892,856 |

In May 2021 we began purchasing some contracts for immediate sale to a third-party to whom we refer applications
that don’t meet our lending criteria. We service all such contracts on behalf of the third-party. We earn fees for originating
the receivable and also servicing fees on active accounts in the third-party portfolio. For the twelve months ended December 31, 2024
and the nine months ended September 30, 2025, we originated $32.7 million and $11.0 million, respectively, under this third-party program.
As of September 30, 2025, our managed portfolio includes $132.5 million of such third-party receivables.

| 1 |

Our principal executive offices
are at 3800 Howard Hughes Parkway, Suite 1400, Las Vegas, Nevada 89169. Our telephone number is 949-753-6800. Most of our operational
and administrative functions take place in Irvine, California. Credit and underwriting functions are performed primarily in our California
branch with certain of these functions also performed in our Florida and Nevada branches. We service our automobile contracts from our
California, Nevada, Virginia, Florida and Illinois branches.

The majority of our contract
acquisitions volume results from our purchases of retail installment sales contracts from franchised or independent automobile dealers.
We establish relationships with dealers through our employee marketing representatives, who contact prospective dealers to explain our
automobile contract purchase programs, and thereafter provide dealer training and support services. Our marketing representatives represent
us exclusively. They may be located in our Irvine branch, in our Las Vegas branch, or in the field, in which case they work remotely and
support dealers in their geographic area. Our marketing representatives present dealers with a marketing package, which includes our promotional
material containing the terms offered by us for the purchase of automobile contracts, a copy of our standard-form dealer agreement, and
required documentation relating to automobile contracts. As of December 31, 2024, we had 122 sales representatives, and in that month,
we received applications from 8,600 dealers in 47 states.