CONSUMER PORTFOLIO SERVICES, INC. : Entry right into a Materials Definitive Settlement, Creation of a Direct Monetary Obligation or an Obligation beneath an Off-Stability Sheet Association of a Registrant, Monetary Statements and Displays (type 8-Okay)

Merchandise 1.01. Entry right into a Materials Definitive Settlement.

The data contained in Merchandise 2.03 of this report is hereby integrated by
reference into this Merchandise 1.01. The registrant disclaims any implication that the
agreements referring to the transactions described on this report are apart from
agreements entered into within the bizarre course of its enterprise.

Warehouse Credit score Facility Amended and Renewed

On July 15, 2022, Shopper Portfolio Providers, Inc. (“CPS” or the “Firm”) and
its wholly-owned subsidiary Web page Eight Funding LLC (the “Borrower”) amended and
renewed a revolving credit score settlement (the “Credit score Settlement”) and associated
agreements, all of which have been in place since Could 2012, and most just lately
renewed on December 18, 2020. The agent to behave on behalf of the a number of lenders
(“Lenders”) beneath the Credit score Settlement is Citibank, N.A.. Loans beneath the
amended Credit score Settlement are to be secured by car receivables that CPS
now holds or could buy sooner or later from sellers, which receivables CPS
would then promote or contribute to the Borrower.

Underneath the Credit score Settlement, and topic to its phrases and circumstances, the Lenders
have elevated the capability from $100 million and agreed to lend from time to
time previous to the funding termination date as much as a most of $200 million to be
excellent at any time. The advance share depends on traits
of the pledged receivables, the phrases of future time period securitizations executed by
CPS, and on efficiency of receivables bought by CPS throughout the previous
three years, as to which there may be no assurance. The funding termination date
is July 15, 2024 or earlier upon the prevalence of outlined funding termination
occasions. The quantities excellent may turn out to be due at an earlier date, if any of
sure outlined occasions of default had been to happen.

Loans beneath the Credit score Settlement bear curiosity at a floating charge set as a
margin above the secured in a single day financing charge. In reference to modification
and renewal of the Credit score Settlement, CPS has paid a closing charge of roughly
$1,800,000.

Associates of Citibank, N.A. have additionally carried out funding banking and advisory
providers for CPS once in a while, for which they’ve acquired customary charges
and bills. Extra info concerning transactions and relationships
between CPS and associates of Citibank, N.A. is ready forth in CPS’s Kind 10-Okay/A
filed Could 2, 2022, beneath the caption “Merchandise 13. Sure Relationships and Associated
Transactions, and Director Independence” which info is integrated
herein by reference.

Merchandise 2.03. Creation of a Direct Monetary Obligation or an Obligation beneath an
Off-Stability Sheet Association of a Registrant.

The data supplied in response to merchandise 1.01 is integrated herein by
reference.

Warehouse Credit score Facility

CPS first incurred indebtedness beneath the revolving credit score settlement in Could 14,
2012. CPS intends to incur indebtedness once in a while because it purchases motor
automobile receivables from sellers. CPS doesn’t undertake to supply updates
concerning the quantity of indebtedness excellent once in a while, and no
inference must be drawn that such indebtedness has not modified.

Merchandise 9.01. Monetary Statements and Displays.

Neither monetary statements nor professional forma monetary info are filed with
this report.

One exhibit is included with this report:

99.1    Information launch re renewal and doubling of credit score facility  .
104   Cowl Web page Interactive Knowledge File (embedded throughout the Inline XBRL doc).






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