Consumer Portfolio Services, Inc. Appoints Stephen H. Deckoff to Board of Directors
August 31, 2022 at 06:33 pm
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Consumer Portfolio Services, Inc. announced that at the AGM was held on August 25, 2022, the company approved the appointment of Stephen H. Deckoff to board of directors.
Consumer Portfolio Services, Inc. is a specialty finance company. The Companyâs business is to provide 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. Through its automobile contract purchases, it provides indirect financing to the customers of dealers. It serves as an alternative source of financing for dealers, facilitating sales to customers from traditional sources, such as commercial banks, credit unions, and the finance companies affiliated with automobile manufacturers. It also originates vehicle purchase money loans by lending directly to consumers. It offers over eight different financing programs and prices each program according to relative credit risk. Its financing programs include First Time Buyer, Mercury / Delta, Standard, Alpha, Alpha Plus, Super Alpha and Preferred.
Consumer Portfolio Services, Inc. Appoints Stephen H. Deckoff to Board of Directors
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CONSUMER PORTFOLIO SERVICES, INC. 
