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Consumer Portfolio Services, Inc.
16355 Laguna Canyon
Road
Irvine, California
92618-3801
Telephone
(949)
753-6800
Facsimile (949)
753-6897
November 3, 2008
Via
EDGAR and via facsimile 202-772-9208
U.S.
Securities and Exchange Commission
Division
of Corporate Finance
100 F
Street, N.E., Mail Stop 3561
Washington,
D.C. 20549
Attention:
Mr. Gregory Dundas
Re: Consumer Portfolio Services,
Inc.
Registration Statement No. 333-152969,
as amended October 29, 2008
Dear Mr.
Dundas:
Pursuant to Rule 461 of the General
Rules and Regulations under the Securities Act of 1933, as amended, Consumer
Portfolio Services, Inc. hereby respectfully requests that the effectiveness of
the Registration Statement referenced above be accelerated to 5:00 p.m.
(Washington, DC time) on Wednesday, November 5, 2008, or as soon thereafter as
practicable.
The registrant hereby acknowledges that
(i) should the Commission or the staff, acting pursuant to delegated authority,
declare the filing effective, it does not foreclose the Commission from taking
any action with respect to the filing; (ii) the action of the Commission or the
staff, acting pursuant to delegated authority, in declaring the filing
effective, does not relieve the registrant from its full responsibility for the
adequacy and accuracy of the disclosure in the filing; and (iii) the registrant
may not assert this action as defense in any proceeding initiated by the
Commission or any person under the laws of the United States.
Should you have any questions regarding
this request, please telephone the undersigned at (949) 788-5616, or our
counsel, Mark Creatura, at 888-785-6691.
Sincerely,
CONSUMER
PORTFOLIO SERVICES, INC.
By: /s/ Jeffrey P. Fritz
Jeffrey
P. Fritz, Senior Vice President and
Chief
Financial Officer