---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-26-006650"
form_type: "8-K"
ticker: "CPSS"
cik: "0000889609"
company_name: "CONSUMER PORTFOLIO SERVICES, INC."
filed_at: "2026-08-21T19:25:50+00:00"
generated_at: "2026-08-21T19:27:05.305556+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CPS closes $80M securitization of residual interests at 10.25% coupon

## Summary
- Closed $80.0M asset-backed notes sale to a qualified institutional buyer on Aug 18, 2026.
- Notes carry 10.25% coupon, secured by residual interests in four CPS securitizations (Apr 2022–Apr 2023).
- Also secured by 80% interest in a majority-owned affiliate holding residuals from three securitizations (Jul 2023–Apr 2026).
- Proceeds used to fully repay higher-coupon residual interest financing from March 2024.
- Monthly payments include interest and principal to maintain a specified minimum collateral ratio.

## SEC filing metadata
- accession: 0001683168-26-006650
- form_type: 8-K
- ticker: CPSS
- cik: 0000889609
- company_name: CONSUMER PORTFOLIO SERVICES, INC.
- filed_at: 2026-08-21T19:25:50+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/889609/000168316826006650/0001683168-26-006650-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/889609/000168316826006650/cps_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-006650
- JSON: https://secwatch.observer/filing/0001683168-26-006650.json
- Plain text: https://secwatch.observer/filing/0001683168-26-006650.txt

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