{"url_path":"/sec/cpss/8-k/2026-07-14/item-1-01","section_key":"item-1-01","section_title":"Item 1.01 Entry into a Material Definitive","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-14","source_url":"https://www.sec.gov/Archives/edgar/data/889609/0001683168-26-005511-index.html","accession_number":"0001683168-26-005511","cik":"0000889609","ticker":"CPSS","issuer_name":"CONSUMER PORTFOLIO SERVICES, INC.","edgar_url":"https://www.sec.gov/Archives/edgar/data/889609/0001683168-26-005511-index.html","primary_entity_key":"0000889609","primary_entity_name":"CONSUMER PORTFOLIO SERVICES, INC."},"word_count":368,"has_tables":true,"body_markdown":"**Item 1.01. Entry into a Material Definitive\nAgreement.**\n\n \n\nThe information contained in Item 2.03 of\nthis report is hereby incorporated by reference into this Item 1.01. The registrant disclaims any implication that the agreements relating\nto the transactions described in this report are other than agreements entered into in the ordinary course of its business.\n\n \n\n*Warehouse Credit Facility Amended and Renewed*\n\n \n\nOn July 9, 2026, Consumer Portfolio Services,\nInc. (\"CPS\" or the \"Company\") and its wholly-owned subsidiary Page Eight Funding LLC (the “Borrower”)\namended and renewed a revolving credit agreement (the \"Credit Agreement\") and related agreements, all of which have been in\nplace since May 2012, and most recently renewed on July 11, 2024. The agent to act on behalf of the several lenders (“Lenders”)\nunder the Credit Agreement is Citibank, N.A.. Loans under the amended Credit Agreement are to be secured by automobile receivables that\nCPS now holds or may purchase from dealers or originate in the future, which receivables CPS would then sell or contribute to the Borrower.\n\n \n\nUnder the Credit Agreement, and subject to\nits terms and conditions, the Lenders have increased the capacity from $335 million and agreed to lend from time to time prior to the\nfunding termination date up to a maximum of $508 million to be outstanding at any time. The amount that may be advanced under the Credit\nAgreement will be up to 96% of the principal amount of eligible pledged receivables. The advance percentage is dependent on characteristics\nof the pledged receivables, the terms of future term securitizations executed by CPS, and on performance of receivables purchased by CPS\nwithin the preceding three years, as to which there can be no assurance. The funding termination date is July 17, 2028 or earlier upon\nthe occurrence of defined funding termination events. The amounts outstanding could become due at an earlier date, if any of certain defined\nevents of default were to occur.\n\n \n\nLoans under the Credit Agreement bear interest\nat a floating rate set as a margin above the secured overnight financing rate.\n\n \n\nAffiliates of Citibank, N.A. have also performed\ninvestment banking and advisory services for CPS from time to time, for which they have received customary fees and expenses."}