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Consumer Portfolio Services Secures Credit Facility Increase
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Consumer Portfolio Services Secures Credit Facility Increase
Dec 19, 2024 12:28 PM

03:12 PM EST, 12/19/2024 (MT Newswires) -- Consumer Portfolio Services ( CPSS ) said Thursday it has secured an increase in its credit facility to $335 million from $225 million following an amendment to its two-year revolving credit agreement with Citibank.

Loans under the amended agreement will continue to be secured by automobile receivables, the finance company said.

Price: 10.65, Change: -0.24, Percent Change: -2.20

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