Consumer Portfolio Services tightened credit considerably and raised interest rates in 2022 to protect margins amid rising costs of funds. “We grew dramatically for the first six months [of 2022], and somewhere around six months the cost of funds grew, inflation was getting out of hand and we had to do one of the most […]
Source : AutoFinanceNews
-100x70.jpg "PODCAST: Auto dealers discuss ‘The New Consumer Journey Horizon’")
