CPSS (CPSS) offers subordinated notes with up to 8.40% annual rate

Rhea-AI Filing Summary

Consumer Portfolio Services, Inc. is offering renewable unsecured subordinated notes with current annual interest rates effective April 13, 2026. The supplement lists tiered rates by note term and portfolio amount: 3‑month rates range from 4.50% to 5.90%, 1‑year rates from 5.50% to 6.90%, and 4‑year rates from 7.00% to 8.40%. The notes are being offered in multiple U.S. states and the supplement supplements the base prospectus and prospectus supplement of the registration statement.

Insights

Fixed Income Analyst

Provides clear, tiered coupon schedule for subordinated notes by term and investment size.

The supplement lists explicit annual interest rates effective April 13, 2026 for five portfolio tiers across six maturities, enabling investors to match term and principal size to yield. Rates rise with term length and portfolio amount, with the top 4‑year rate at 8.40%.

Cash‑flow treatment and aggregate offering size are not stated in the excerpt; subsequent prospectus pages likely show offering mechanics and risks. Investors should reference the base prospectus for subordination and credit‑risk details.

Product Structurer

Tiered pricing is typical for retail note programs; higher principal bands earn materially higher coupons.

The schedule shows incremental yield steps of roughly 0.35–0.45 between adjacent principal bands and larger steps by term, reflecting term risk pricing. The structure supports channeling retail inflows across maturities.

Documentation excerpts do not state minimum/maximum issuance per investor or secondary-market liquidity; these items appear in the full prospectus and subscription materials.

Key Figures

3‑month rate (smallest band): 4.50% 1‑year top band rate: 6.90% 4‑year top band rate: 8.40% +2 more

5 metrics

3‑month rate (smallest band) 4.50% Portfolio amount $1,000 to $24,999, effective April 13, 2026

1‑year top band rate 6.90% Portfolio amount $100,000 or More, effective April 13, 2026

4‑year top band rate 8.40% Portfolio amount $100,000 or More, effective April 13, 2026

2‑year mid band rate 6.35% Portfolio amount $25,000 to $49,999, effective April 13, 2026

States offered 29 states Listing of states in the supplement (examples include CA, FL, NY, TX, IL)

Key Terms

Renewable Unsecured Subordinated Notes, Prospectus supplement, Registration statement

3 terms

Renewable Unsecured Subordinated Notes financial

"Current Annual Interest Rates for Renewable Unsecured Subordinated Notes"

Prospectus supplement regulatory

"interest rate supplement dated April 13, 2026 to the prospectus supplement dated April 13, 2026"

A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.

Registration statement regulatory

"registration statement we filed with the SEC (dated November 20, 2023)"

A registration statement is a formal document that companies file with a government agency to offer new shares of stock to the public. It provides essential information about the company's finances, operations, and risks, helping investors make informed decisions. Think of it as a detailed product description that ensures transparency and trust before buying into a company.

Offering Details

other

Offering

Offering Type other

This filing is made pursuant to Rule 424(b)(2) under the Securities Act of 1933 in connection with Registration No. 333-272653

Current Interest Rates

This is an interest rate supplement dated April 13, 2026

to the prospectus supplement dated April 13, 2026

Current Annual Interest Rates for Renewable Unsecured Subordinated Notes

Offered by Consumer Portfolio Services, Inc.

Interest Rates Effective April 13, 2026

NOTE TERM	PORTFOLIO AMOUNT (1)
	$1,000 to $24,999	$25,000 to $49,999	$50,000 to $74,999	$75,000 to $99,999	$100,000 or More
3 Month	4.50%	4.85%	5.20%	5.55%	5.90%
6 Month	4.75%	5.10%	5.45%	5.80%	6.15%
1 Year	5.50%	5.85%	6.20%	6.55%	6.90%
2 Year	6.00%	6.35%	6.70%	7.05%	7.40%
3 Year	6.50%	6.85%	7.20%	7.55%	7.90%
4 Year	7.00%	7.35%	7.70%	8.05%	8.40%

1. We determine the applicable portfolio amount at the time you purchase or renew a note by aggregating the principal amount of all notes issued by Consumer Portfolio Services, Inc. that are currently owned by you and your immediate family members. Immediate family members include your parents, children, siblings, grandparents and grandchildren. Members of a sibling’s family are also considered immediate family members if the sibling is also a note holder.

We are offering these notes to investors in the following states of the United States of America: Arkansas, California, Colorado, Connecticut, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Louisiana, Maine, Michigan, Minnesota, Mississippi, Missouri, New Mexico, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Vermont, and Wisconsin.

The description in this interest rate supplement of the terms of these notes adds to the description of the general terms and provisions of the notes in the base prospectus included in the registration statement we filed with the SEC (dated November 20, 2023) file number 333-272653, and the prospectus supplement (dated April 13, 2026). Investors should rely on the description of the notes in this interest rate supplement if it is inconsistent with the description in the prospectus.

CPSnotes.com / InvestorServices@CPSnotes.com / 888-776-1887

FAQ

What interest rates does CPSS offer on 1‑year notes?

The 1‑year notes pay annual rates from 5.50% to 6.90% depending on portfolio amount, effective April 13, 2026. Larger portfolio amounts receive the higher yields shown in the supplement.

Which maturities are available for CPS renewable subordinated notes?

Maturities listed are 3‑month, 6‑month, 1‑year, 2‑year, 3‑year, and 4‑year, each with tiered rates by portfolio amount effective April 13, 2026.

In which states are CPS notes being offered?

The supplement lists offers in multiple states including California, Florida, New York, Texas, Illinois, and others; the full list appears in the supplement and includes 29 states.

Are these notes secured or subordinated?

These are described as renewable unsecured subordinated notes, indicating they are unsecured and subordinated in the capital structure; the base prospectus contains more subordination terms.

Where can I get investor information or subscribe?

Investor contacts are provided: CPSnotes.com, email InvestorServices@CPSnotes.com, and phone 888-776-1887 for subscription and investor questions.