UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON DC 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported) September 23, 2022

Registrant's telephone number, including area code (949) 753-6800

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Securities registered pursuant to Section 12(b) of the Act:

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 23, 2022, Consumer Portfolio Services, Inc. (the “Company”) announced that it has appointed Denesh “Danny” Bharwani as its Chief Financial Officer and Senior Vice President - Finance. Mr. Bharwani, 54, has been the Company’s Senior Vice President – Finance since April 2016. He was previously the Company’s Vice President – Finance from June 2002, and joined the Company as Assistant Controller in August 1997.

The Company also announced the retirement of Jeffrey P. Fritz as its Chief Financial Officer and Executive Vice President – Finance. Mr. Fritz will remain as a non-executive employee of the Company through December 31, 2022, during which time he will serve as an adviser to the Company’s senior management, with a focus on facilitating the orderly transition of his responsibilities to Mr. Bharwani.

Mr. Fritz has served as the Company’s Chief Financial Officer for well over 20 years, and the Company is very grateful for his valuable contributions.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.