Is Consumer Portfolio Services a collection agency?

Is Consumer Portfolio Services a collection agency?

Consumer Portfolio Services, Inc. is a debt collection agency headquartered in Irvine, California. It was founded in 1991, has 957 employees in branches across five states, and is managed by its President, Charles Bradley. The company currently has a B+ rating with the Better Business Bureau.

What is CPS on a credit report?

Consumer Portfolio Services, Inc. (CPS) is a specialty finance company that provides indirect automobile financing to vehicle purchasers with past credit problems, low incomes or limited credit histories.

Does Consumer Portfolio Services have a grace period?

Does Consumer Portfolio Services have a grace period? The Consumer Portfolio Services late payment policy provides a grace period of 7 to 15 days.