8-K

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON DC 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported) June 15, 2010

CONSUMER PORTFOLIO SERVICES, INC.

(Exact Name of Registrant as Specified in Charter)

CALIFORNIA	1-14116	33-0459135
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

19500 Jamboree Road, Irvine, CA 92612

(Address of Principal Executive Offices) (Zip Code)

Registrant's telephone number, including area code (949) 753-6800

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 7.01 REGULATION FD DISCLOSURE

We are today making available one presentation consisting of 23 slides. A copy is attached as an exhibit.   Although the exhibit is an update of a similar presentation made available on May 8, 2008 (as an exhibit to a current report on Form 8-K), we are not undertaking to update further any of the information that is contained in the attached presentation.

The information furnished in this report shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

Neither financial statements nor pro forma financial information are filed with this report.

One exhibit is attached:

Exhibit Number	Description
99.1	Company Summary

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	CONSUMER PORTFOLIO SERVICES, INC.
Dated: June 15, 2010	By: /s/ Robert E. Riedl
	Robert E. Riedl Senior Vice President

EXHIBIT INDEX

Exhibit Number	Description
99.1	Company Summary.

EX-99.1

Exhibit 99.1

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Investor Presentation

As of March 31, 2010

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(1)According to CNW Marketing Research, Inc.

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m    Purchase contracts from dealers across the U.S.

m 10 employee marketing reps in the field and 10 in-house

m Primarily factory franchised dealers

(1)Under the CPS programs for contracts purchased in the first quarter of 2010.

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m  Since inception through March 2010 the Company has
originated $8.7 billion - recently have begun to ramp up after
credit crisis of 2008 and 2009

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(1) Under the CPS programs for contracts purchased in the first quarter of
2010.

m CPS’s risk-adjusted pricing results in program offerings
covering a wide band of the credit spectrum

(1) Under the CPS programs for contracts purchased in the first quarter of 2010.

(2)Contract APR as adjusted for fees charged (or paid) to dealer.

Program (1)	Avg. Yield (2)	Avg. Amount Financed	Avg. FICO	% of Purchases
Preferred	17.2%	$20,638	615	2%
Super Alpha	19.3%	$17,927	576	12%
Alpha Plus	21.8%	$16,416	575	15%
Alpha	25.6%	$14,647	561	42%
Standard	29.6%	$12,817	559	9%
Mercury / Delta	31.3%	$11,820	564	10%
First Time Buyer	30.6%	$11,509	572	10%

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(1) Under the CPS programs for contracts purchased in the first quarter of 2010.

Contract Originations

m  Centralized contract originations at
Irvine HQ

§Maximizes control and efficiencies

m  Proprietary auto-decisioning system

§Makes initial credit decision on over
98% of incoming applications

§Enhances dealer service by
shortening response time

m  Pre-funding verification of
employment, income and residency

§Protects against potential fraud

Servicing

m  Geographically dispersed servicing
centers enhance coverage and staffing
flexibility and drive portfolio
performance

m   Early contact on past due accounts;
commencing as early as first day after
due date

m   Early stage workload supplemented by
automated intelligent predictive dialer

m  Workloads allocated based on
specialization and behavioral scorecards,
which enhances efficiencies

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m Average LTV and Average PTI ratios have steadily decreased

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m CPS homeowners continue to outperform non-homeowners

m  $100 million in funding capacity through two facilities

›Pursuing additional sources of liquidity

m Quarterly “AAA” rated asset-backed securities provided
historical long-term matched funding - $6.4 billion in 48 deals
from 1994 to 2008

›Last deal completed in April 2008

›Objective is to re-enter term securitization market late 2010 or early 2011

m $199 million whole loan sale (September 2008)

m $50 million residual financing maturity extended to May 2011
(extension closed in May 2010)

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m Recent decline is a result of reduced new contract
purchases in 2008 and 2009.

m Portfolio delinquencies (31+) look to have peaked

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(1)Three quarter rolling averages.

m Average of quarterly vintage cum. net losses as of March 31, 2010

m 2008 vintage in line with 2003 and 2004 vintages

15

m Recovery Rates Correlate to Manheim Index

m Steady Improvement since December 2008

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($ in millions)	March 31, 2010	December 31, 2009	December 31, 2008	December 31, 2007
Assets
Cash	$22.8	$12.4	$22.1	$20.9
Restricted Cash	126.9	128.5	153.5	170.3
Finance receivables, net of allowance	738.8	840.1	1,339.3	1,967.9
Residual interest in securitizations	4.6	4.3	3.6	2.3
Deferred tax assets, net	33.5	33.5	52.7	58.8
Other Assets	38.4	49.5	67.6	62.6
	$965.0	$1,068.3	$1,638.8	$2,282.8
Liabilities
Accounts payable and other liabilities	$19.9	$17.9	$21.7	$18.4
Warehouse lines of credit	17.6	4.9	9.9	235.9
Income taxes payable	---	---	---	17.7
Residual interest financing	52.9	56.9	67.3	70.0
Securitization trust debt	796.5	904.8	1,404.2	1,798.3
Senior secured debt, related party	26.4	26.1	20.1	---
Other debt	22.5	22.0	25.7	28.1
	935.7	1,032.7	1,549.0	2,168.5
Shareholders’ equity	29.3	35.6	89.8	114.4
	$965.0	$1,638.8	$1,638.8	$2,282.8

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	Three Months Ended		Years Ended
($ in millions)	March 31, 2010	March 31, 2009	December31, 2009	December 31, 2008	December 31, 2007
Revenues
Interest income	$39.0	$61.2	$208.2	$351.6	$370.3
Servicing fees	2.4	1.0	4.6	2.1	1.2
Otherincome	3.2	3.8	11.1	14.8	23.1
	44.6	66.1	223.9	368.4	394.6
Expenses
Employee costs	8.8	9.3	37.3	48.9	46.7
General and administrative	7.6	9.1	32.2	44.4	47.4
Interest	22.3	32.1	111.8	156.3	139.2
Provision for creditlosses	11.7	16.1	92.0	148.4	137.3
Loss on sale of receivables	0.0	0.0	0.0	14.0	0.0
	50.4	66.6	273.3	411.9	370.6
Pretax income (loss)	(5.8)	(0.5)	(49.4)	(43.5)	24.0
Income tax expense (gain)	---	---	---	(17.4)	10.1
Net income(loss)	$(5.8)	$(0.5)	$(49.4)	$(26.1)	$13.9
EPS (loss) (fully diluted)	$(0.33)	$(0.03)	$(3.07)	$(1.36)	$0.61

(1)Interest income less interest expense and provision for credit losses.

(2)Total expenses less provision for credit losses less interest expense, impairment loss on residual asset, and loss on sale of
receivables.

($ in millions)	ThreeMonths Ended		Years Ended
	March 31, 2010	March 31, 2009	December 31, 2009	December31, 2008	December31, 2007
Auto contract purchases	$17.4	$1.1	$296.8	$296.8	$1,282.3
Total managed portfolio	$1,044.1	$1,488.4	$1,664.1	$1,664.1	$2,126.2
Risk-adjusted margin (1)	$4.9	$13.0	$46.9	$46.9	$93.8
Core operating expenses (2)
$ amount	$16.3	$18.3	$93.2	$93.2	$94.1
% of average managed portfolio	6.0%	4.7%	4.8%	4.8%	4.9%
Total delinquencies and repo inventory (30+ days)
(% of total owned portfolio)	5.9%	6.7%	8.6%	8.6%	6.3%
Annualized net charge-offs
(% of average owned portfolio)	12.2%	11.6%	7.7%	7.7%	5.3%

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m CPS has weathered two down
cycles to remain one of the few
independent public auto
finance companies

m Attractive industry
fundamentals as larger
competitors exit industry

m Disciplined approach to credit
quality and servicing

m Credit performance of 2008
and 2009 vintages in line with
2003 and 2004

m Operating leverage through
economies of scale

m Opportunistic, successful
acquisitions

m Stable senior management team
with significant equity
ownership

ØSenior management,
including vice presidents,
average 15 years of service
with the Company

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m Any person considering an investment in securities issued by CPS is urged to
review the materials filed by CPS with the U.S. Securities and Exchange
Commission ("Commission").Such materials may be found by inquiring of the
Commission‘s EDGAR search page
(http://www.sec.gov/edgar/searchedgar/companysearch.html) using CPS's ticker
symbol, which is "CPSS."Risk factors that should be considered are described in
Item 1A, “Risk Factors," of CPS's annual report on Form 10-K, which report is on
file with the Commission and available for review at the Commission's website.
Such description of risk factors is incorporated herein by reference.

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m Information included in the preceding slides is believed to be accurate, but is not
necessarily complete.Such information should be reviewed in its appropriate
context.The implication that historical trends will continue in the future, or that
past performance is indicative of future results, is disclaimed.To the extent that one
reading the preceding material nevertheless makes such an inference, such inference
would be a forward-looking statement, and would be subject to risks and
uncertainties that could cause actual results to vary.Such risks include variable
economic conditions, adverse portfolio performance (resulting, for example, from
increased defaults by the underlying obligors), volatile wholesale values of
collateral underlying CPS assets, reliance on warehouse financing and on the capital
markets, fluctuating interest rates, increased competition, regulatory changes, the
risk of obligor default inherent sub-prime financing, and exposure to litigation.

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