---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-26-001493"
form_type: "8-K"
ticker: "CPSS"
cik: "0000889609"
company_name: "CONSUMER PORTFOLIO SERVICES, INC."
filed_at: "2026-03-04T23:59:59+00:00"
generated_at: "2026-05-15T21:57:15.827510+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# CPS closes $50M securitization of residual interests from prior notes; coupon 8.75%

## Summary
- $50M asset-backed notes issued, secured by 80% interest in MOA holding residual interests from four CPS securitizations (Jan-Oct 2025).
- Notes carry 8.75% coupon; monthly payments of interest and principal to maintain collateral ratio.
- MOA interest includes 80% of spread accounts and over-collateralization of underlying securitizations.
- Private offering to qualified institutional buyers, not registered under Securities Act.

## SEC filing metadata
- accession: 0001683168-26-001493
- form_type: 8-K
- ticker: CPSS
- cik: 0000889609
- company_name: CONSUMER PORTFOLIO SERVICES, INC.
- filed_at: 2026-03-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/889609/000168316826001493/0001683168-26-001493-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/889609/000168316826001493/cps_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-001493
- JSON: https://secwatch.observer/filing/0001683168-26-001493.json
- Plain text: https://secwatch.observer/filing/0001683168-26-001493.txt

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