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Making Money with Consumer Portfolio Services

There are many reasons that lead to a person defaulting on a credit facility, many of them being beyond their control. The loss of employment, illness and a sudden tragedy in the family are but a few commonplace reasons. Unfortunately many lenders are all pure business and cannot be relied upon to offer sympathy in such instances. All they want is payment on the loan taken. Even if the delay in payment is temporary and the loan is eventually paid in full, this failure will often go on record and result in a poor credit score.

For others, the failure to take up any form of borrowing at all also works against them as they are unable to prove their reliability as borrowers. This also results in a poor albeit unjustified credit score. With such situations working against many borrowers in the market, it is often difficult to find asset financing. This is the case even when one can prove they have sufficient income to make payments. For such people looking to find car financing, Consumer Portfolio Services may be their best bet for assistance.

This finance company has for over two decades built a reputation for itself in providing credit facilities to what are considered high risk borrowers. The company currently only provides car financing but has an extensive network that allows them to work with thousands of dealerships in forty seven states. Through this network they have been able to identify clients denied financing by traditional lending institutions like banks and credit unions and extend them the access to credit they sorely need. For the clients who have had the benefit of this assistance, it has been a blessing to finally be able to buy the new cars they desired. For some it may be for personal use while for others the vehicle helps in boosting the service delivery of their business.