Consumer Portfolio Services Announces First Quarter Earnings Conference Call - May 4, 2004

IRVINE, Calif.--May 3, 2004--Consumer Portfolio Services, Inc. , today announced that it will release its first quarter 2004 results after market close on Monday, May 3, 2004. Management will then hold a conference call on Tuesday, May 4, 2004 to discuss the results at 1:30 p.m. EDT.

This call is being webcast by CCBN and can be accessed at the CPS Web site at www.consumerportfolio.com. The webcast is also being distributed over CCBN's Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through CCBN's individual investor center or by visiting any of the investor sites in CCBN's Individual Investor Network. Institutional investors can access the call via CCBN's password-protected event management site, StreetEvents (www.streetevents.com).

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 38 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 generally would not be expected to qualify for financing provided by banks or by automobile manufacturers' captive finance companies.