Consumer Portfolio Services (CPS) is an independent specialty finance company that provides indirect automobile financing to individuals with past credit problems, low incomes or limited credit histories. We purchase retail installment sales contracts primarily from franchised automobile dealerships secured by late model used vehicles and, to a lesser extent, new vehicles. We fund these contract purchases on a long-term basis primarily through the securitization markets and service the contracts over their lives. Our headquarters are located in Irvine, California and we have three additional strategically located servicing branches in Virginia, Florida and Illinois.

Since we began operations in 1991 and through December 2011, we have purchased over $9 billion in contracts. We currently service a total managed portfolio of approximately $800 million with approximately 100,000 customers and 525 employees. We maintain dealer relationships in 45 states across the United States. Our common stock is traded on the NASDAQ National Market System under the ticker "CPSS."