Consumer Portfolio Services, Inc. Reports 2005 Third Quarter Earnings

Consumer Portfolio Services, Inc. today announced earnings for its third quarter ended September 30, 2005.

Net income for the quarter ended September 30, 2005 was $1.4 million, or $0.06 per diluted share, compared to net loss of $(2.1) million, or $(0.10) per diluted share, for the quarter ended September 30, 2004. For the three months ended September 30, 2005 total revenues increased approximately $14.5 million, or 41.4%, to $49.4 million, compared to $34.9 million for the three months ended September 30, 2004. Total expenses for the three months ended September 30, 2005 were $48.0 million, an increase of $11.0 million, or 29.8%, as compared to $37.0 million for the three months ended September 30, 2004.