Specialty Auto Finance
CPS provides automobile financing to people with past credit problems, or limited credit histories, who have steady jobs and can afford a car payment.
CPS services franchised and independent dealers and our loan customers from our five corporate offices in Irvine, CA, Las Vegas, NV, Chicago, IL, Chesapeake, VA, and Orlando, FL.
CPS uses a combination of proprietary risk-based credit score cards, coupled with specific customer loan criteria, to process applications and loan contracts electronically.
CPS finances new and used automobile buyers with prior credit problems who currently have solid incomes and and time on the job.
The sub-prime automobile market, in which we participate, totals more than 10 million new and used vehicle sales annually, in aggregate.