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Customer Portfolio Services, Inc. (CPS) is just a specialty finance business providing you with indirect vehicle funding to automobile purchasers with previous credit dilemmas, low incomes or restricted credit histories.
CPS had been launched and presently acquisitions agreements in 48 states. The companyвЂ™s common stock is exchanged from the NASDAQ nationwide marketplace System beneath the symbol вЂњCPSS.вЂќ About CPS
Customer Portfolio Services can be a separate specialty finance business that delivers indirect car funding to those with previous credit issues, low incomes or restricted credit records. We buy retail installment product sales agreements mainly from franchised vehicle dealerships guaranteed by belated model utilized cars and, to an inferior degree, brand brand brand brand new cars. We fund these agreement purchases on a basis that is long-term through the securitization areas and solution the agreements over their everyday lives. Our functional head office can be found in Irvine, Ca and now we have actually four extra situated near commercial establishments servicing branches in Nevada, Virginia, Florida and Illinois.
Since we started operations, we now have purchased over $16.8 billion in agreements. Once we website a complete portfolio that is managed of $2.3 billion with around 168,000 active clients and 800 workers within our branches in five states. We keep dealer relationships in 48 states over the united states of america. Our stock that is common is on the NASDAQ nationwide marketplace System beneath the ticker “CPSS.”