Consumer Portfolio Services Inc美股招股说明书(2026-04-13版)

This filing is made pursuant to Rule 424(b)(2)under the Securities Act of 1933 in connectionwith Registration No. 333-272653 $50,000,000 Consumer Portfolio Services, Inc.Three and Six Month Renewable Unsecured Subordinated NotesOne, Two, Three, Four, Five and Ten Year Renewable UnsecuredSubordinated Notes___________________________ We are offering our renewable unsecured subordinated notes to new purchasers and existing noteholders. We are offering the notesfor cash and as renewals of previously-issued or to-be-issued notes, up to a maximum of $50,000,000 in aggregate principal amount(inclusive of renewals). As of the date of this prospectus supplement, we are offering the notes with maturities ranging from threemonths to ten years. However, depending on our capital needs, notes with certain terms may not always be offered. We will establishinterest rates on the notes offered in this prospectus supplement from time to time in interest rate supplements to this prospectussupplement. Our filing such an interest rate supplement will not affect the interest rates applicable to any notes previously sold. The notes are unsecured obligations and your right to payment is subordinated in right of payment to substantially all of ourexisting and future indebtedness, other than our issued and outstanding renewable unsecured subordinated notes, each of which isparipassuin right of payment with the notes offered hereby. As of December 31, 2025 we had approximately $3,454.4 million of debtoutstanding that is senior to the notes, all of which was issued by our consolidated special purpose entities. Including accounts payableand accrued expenses, we had approximately $3,519.7 million as of December 31, 2025. Upon maturity, your notes will be automatically renewed for the same term as your maturing notes. The interest rate will be whatwe are then offering to other investors with similar aggregate note portfolios for notes of the same term, as described on the next pageor specified in the most recently filed interest rate supplement, unless we elect not to have your notes renewed or unless you notify uswithin 15 days after the maturity date for your notes that you want your notes repaid. If notes of the same term are not then beingoffered, the interest rate upon renewal will be the rate specified by us on or before maturity or, if no such rate is specified, the rate ofthe existing note. The interest rate on your renewed note may differ from the interest rate applicable to your note during the prior term.After giving you thirty days’ advance notice, we may redeem all or a portion of your notes for their original principal amount plusaccrued and unpaid interest. You also may request us to repurchase your notes prior to maturity; however, unless the request is due toyour death or total permanent disability, we are currently prohibited by contract from making any such repurchases. See “DescriptionOf The Notes - Redemption or Repurchase Prior To Stated Maturity - Repurchase At Request of Holder.” We will market and sell the notes directly to the public. The notes will not be listed on any securities exchange or quoted onNasdaq or any over-the-counter market. We do not intend to make a market in the notes and we do not anticipate that a market in thenotes will develop. There will be significant restrictions on your ability to transfer or resell the notes. We have not requested a ratingfor the notes; however, third parties may independently rate them. The notes are not certificates of deposit or similar obligations of, and are not guaranteed or insured by, any depositoryinstitution,the Federal Deposit Insurance Corporation,the Securities Investor Protection Corporation or any othergovernmental or private fund or entity. Investing in the notes involves risks, which are described in “Risk Factors” beginningon page 11 of this prospectus supplement. Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved ofthese securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminaloffense. See “Plan of Distribution” for a description of anticipated expenses to be incurred in connection with our offering and selling thenotes. There will be no underwriting discount. We are not required to sell any specific number or dollar amount of notes in order toaccept subscriptions. The date of this Prospectus Supplement is April 13, 2026 We will issue the notes in book-entry or uncertificated form. Subject to certain limited exceptions, you will not receive a certificatedsecurity or a negotiable instrument that evidences your notes. We will deliver written confirmations to purchasers of the notes.Computershare Trust Company, National Association, St. Paul, Minnesota, will act as trustee for the notes. TABLE OF CONTENTS PROSPECTUS SUMMARY1CPS1The Offering3INCORPORATION OF CERTAIN INFORMATION BY REFERENCE6WHERE YOU CAN FIND MORE INFORMATIO