Company: CPSS
Filing Date: 2025-08-22
Form Type: 424B2
Source: 0001683168-25-006421
Chunk: 0

Company: CONSUMER PORTFOLIO SERVICES, INC.
Filing Date: 2025-08-22
Form: 424B2
Chunk 0
---
| $50,000,000 |     | This filing is made pursuant to Rule 424(b)(2) under the Securities Act of 1933 in connection with Registration No. 333-272653 |

Consumer Portfolio Services, Inc.

Three and Six Month Renewable Unsecured Subordinated Notes

One, Two, Three, Four, Five and Ten Year Renewable Unsecured

Subordinated Notes

___________________________

We are offering our renewable
unsecured subordinated notes to new purchasers and existing noteholders. We are offering the notes for cash and as renewals of previously-issued
or to-be-issued notes, up to a maximum of $50,000,000 in aggregate principal amount (inclusive of renewals). As of the date of this prospectus
supplement, we are offering the notes with maturities ranging from three months to ten years. However, depending on our capital needs,
notes with certain terms may not always be offered. We will establish interest rates on the notes offered in this prospectus supplement
from time to time in interest rate supplements to this prospectus supplement. Our filing such an interest rate supplement will not affect
the interest rates applicable to any notes previously sold.

The notes are unsecured obligations
and your right to payment is subordinated in right of payment to substantially all of our existing and future indebtedness, other than
our issued and outstanding renewable unsecured subordinated notes, each of which is pari passu in right of payment with the notes
offered hereby. As of December 31, 2024 and June 30, 2025 we had approximately $3,104 million and $3,364 million, respectively, of debt
outstanding that is senior to the notes, all of which was issued by our consolidated special purpose entities. Including accounts payable
and accrued expenses, we had approximately $3,175 million of outstanding obligations senior to the notes, as of December 31, 2024, and
$3,432 million as of June 30, 2025.

Upon maturity, your notes
will be automatically renewed for the same term as your maturing notes. The interest rate will be what we are then offering to other investors
with similar aggregate note portfolios for notes of the same term, as described on the next page or specified in the most recently filed
interest rate supplement, unless we elect not to have your notes renewed or unless you notify us within 15 days after the maturity date
for your notes that you want your notes rep