EXHIBIT 99.1

         CPS                                          NEWS RELEASE
- --------------------------------------------------------------------------------

       CONSUMER PORTFOLIO SERVICES, INC. ANNOUNCES $45.8 MILLION FINANCING

IRVINE, Calif. - November 30, 2005 - Consumer Portfolio Services, Inc. (Nasdaq:
CPSS) announced today that a special-purpose subsidiary of CPS sold $31.5
million of 7.62% Class A asset-backed notes and $14.3 million of 10.00% Class B
asset-backed certificates. The securities sold are backed by the Company's
residual interests in 10 previously securitized pools of automotive receivables.

The Class A notes, issued by CPS Auto Receivables Trust 2005-R, are rated BBB by
Standard & Poor's. The rating is based on the structure of the transaction and
CPS's experience as a servicer. The Class B certificates are not rated. The
securities sold are secured by the Company's retained interest in nine
securitizations sponsored by CPS and one securitization transaction sponsored by
its subsidiary, The Finance Company.

"This transaction is an important part of our refinancing strategy for 2005,"
said Charles E. Bradley, Jr., President and Chief Executive Officer. "The
proceeds from this transaction provide liquidity to refinance long-term debt and
will support the company's long-term growth strategy. This is the second
transaction of this type that we have completed over the last two years and
demonstrates our solid access to the capital markets."

The sale of Notes was a private offering of securities, not registered under the
Securities Act of 1933, or any state securities law. All of such securities
having been sold, this announcement of their sale appears as a matter of record
only.

ABOUT CONSUMER PORTFOLIO SERVICES, INC.
Consumer Portfolio Services, Inc. is a consumer finance company that specializes
in purchasing, selling and servicing retail automobile installment sale
contracts originated by automobile dealers located throughout the United States.
The Company is currently active in 43 states. Through its purchase of contracts,
the Company provides indirect financing to car dealer customers with limited
credit histories, low incomes or past credit problems, who are typically unable
to obtain financing from traditional sources.



CONTACT

Charles E. Bradley, Jr.
Consumer Portfolio Services
949-753-6800