---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-25-001782"
form_type: "8-K"
ticker: "CPSS"
cik: "0000889609"
company_name: "CONSUMER PORTFOLIO SERVICES, INC."
filed_at: "2025-03-21T23:59:59+00:00"
generated_at: "2026-05-24T09:33:30.467487+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CPS closes $65M securitization of residual interests from five prior securitizations

## Summary
- $65M asset-backed notes sold to a QIB, secured by 80% interest in a majority-owned affiliate holding residual interests.
- Notes backed by 80% of spread accounts and over-collateralization from five securitizations issued Oct 2023–Sep 2024.
- Monthly interest payments at coupon rate; principal paid as needed to maintain minimum collateral ratio.
- Transaction was a private offering not registered under the Securities Act of 1933.

## SEC filing metadata
- accession: 0001683168-25-001782
- form_type: 8-K
- ticker: CPSS
- cik: 0000889609
- company_name: CONSUMER PORTFOLIO SERVICES, INC.
- filed_at: 2025-03-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/889609/000168316825001782/0001683168-25-001782-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/889609/000168316825001782/cps_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-25-001782
- JSON: https://secwatch.observer/filing/0001683168-25-001782.json
- Plain text: https://secwatch.observer/filing/0001683168-25-001782.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.