Consumer Portfolio Services, Inc. operates as a specialty finance company. Its business is to purchase and service retail automobile contracts originated primarily by franchised automobile dealers and, to a lesser extent, by select independent dealers in the United States in the sale of new and used automobiles, light trucks and passenger vans. The company provides indirect financing services to the customers and dealers who have limited credit histories, low incomes or past credit problems. It serves as an alternative source of financing for dealers and facilitates sales to customers. The company was founded in March 1991 and is headquartered in Irvine, CA.