Q4 2020 Consumer Portfolio Services Inc Earnings Call
שיחת ועידה Consumer Portfolio Services Inc
Consumer Portfolio Services Inc Conference call will be held on 17/03/2020. During the earnings conference call's session Consumer Portfolio Services Inc will provide updated information and financial status.
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We are a specialty finance company. Our 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. Through our automobile contract purchases, we provide indirect financing to the customers of dealers who have limited credit histories or past credit problems, who we refer to as sub-prime customers. We serve as an alternative source of financing for dealers, facilitating sales to customers who otherwise might not be able to obtain financing from traditional sources, such as commercial banks, credit unions and the captive finance companies affiliated with major automobile manufacturers.קרא עוד שיחת ועידה