Consumer Portfolio Services is a specialized lender that assists customers in obtaining vehicle financing. They are primarily focused on helping customers with bad credit or limited credit histories secure financing for the vehicles they need. Whether it’s through loan refinancing, down payment assistance, or no-credit-check programs, CFS is here to help.
What Types of Loans Does Consumer Portfolio Services Offer?
Consumer Portfolio Services offers a wide range of auto finance solutions. From traditional loans to lease buyouts and specialty loans, CFS can help consumers find the perfect financing option for their needs. Traditional loans typically offer lower interest rates and longer repayment terms than other forms of financing. Lease buyouts allow customers to take ownership of a leased car without making any additional payments. And specialty loans are tailored solutions that provide customers with flexible payments and special discounts on certain vehicles.
Are There Any Special Benefits Of Consumer Portfolio Services?
Yes, CFS offers several unique benefits to its customers. Most notably, they are one of the few lenders that offer no-credit-check financing. This means that customers with low credit scores or limited credit histories can still qualify for an auto loan. They also have an online application process that makes it easy to apply from the comfort of your own home. Plus, CFS provides free pre-approval so you know exactly what type of loan you qualify for before you start shopping for a car.
Additionally, CFS has a wide network of dealer partners throughout the country. This means that customers can search for cars at multiple dealerships, giving them access to more selection and competitive prices. Finally, CFS offers competitive interest rates, flexible down payment options, and extended warranties on some of their loans.
How Long Does It Take To Get Approved For A Loan Through Consumer Portfolio Services?
The approval process with CFS is fast and convenient. Typically, customers can get approved within 24 hours of submitting their application. Once approved, CFS will contact the customer’s chosen dealer and arrange for the financing. So customers can expect to receive their funds quickly, allowing them to complete the purchase of their vehicle without delay.
What Are The Requirements To Qualify For A Loan With Consumer Portfolio Services?
In order to qualify for a loan with CFS, you must meet certain criteria. Generally speaking, you must have a valid driver’s license, proof of identification, proof of residence, proof of income, and a valid bank account. Furthermore, you must be earning at least $1,200 per month and have a steady source of income. Additionally, the vehicle you choose must be priced reasonably for the loan amount you are applying for. Lastly, you must be a US citizen or have a valid work permit.
Ready To Get Started With Consumer Portfolio Services?
If you’re looking for a trustworthy partner to help you find the right auto financing solution, consider working with Consumer Portfolio Services. Their experienced team works hard to match each customer with the best loan possible, regardless of their financial situation. Plus, they make the process simple and straightforward with their online application, fast approval, and wide dealership network. So if you’re ready to start your search, visit the CFS website today and get started!