CPS Subpoenaed By DOJ
This month, the Department of Justice issued a subpoena to Consumer Portfolio Services requiring the finance source to turn over documents related to subprime auto finance.
This month, the Department of Justice issued a subpoena to Consumer Portfolio Services requiring the finance source to turn over documents related to subprime auto finance.
Consumer Portfolio Services Inc. reported earnings of $4.8 million for the second quarter 2013, up from $1.3 million in the same period last year.
The bankruptcy marketing firm teams with Consumer Portfolio Services Inc. on a new marketing package that allows dealers to access services from both companies.
Consumer Portfolio Services Inc., a subprime financing source, entered into a $50 million two-year credit facility on Sept. 25 with Fortress Credit Corp., an affiliate of Fortress Investment Group.
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