This filing is made pursuant to Rule 424(b)(2)
under the Securities Act of 1933 in connection
with Registration No. 333-121913.
CPS
CURRENT INTEREST RATES
This is a supplement to the Prospectus dated April 27, 2006
CURRENT INTEREST RATES FOR RENEWABLE UNSECURED SUBORDINATED NOTES
OFFERED BY CONSUMER PORTFOLIO SERVICES, INC.
INTEREST RATES EFFECTIVE SEPTEMBER 1, 2006 THROUGH SEPTEMBER 30, 2006
----------------------------------------------------------------------------------------------------------------------------
PORTFOLIO
AMOUNT (1) $1,000 - $2,499 $2,500 - $4,999 $5,000 - $9,999 $10,000 - $24,999
----------------------------------------------------------------------------------------------------------------------------
Interest Annual Interest Annual Interest Annual Interest Annual
NOTE TERM Rate % Yield % Rate % Yield % Rate % Yield % Rate % Yield %
----------------------------------------------------------------------------------------------------------------------------
3 MONTH (2) 6.15 6.34 6.15 6.34 6.15 6.34 6.15 6.34
----------------------------------------------------------------------------------------------------------------------------
6 MONTH (2) 6.90 7.14 6.90 7.14 6.90 7.14 6.90 7.14
----------------------------------------------------------------------------------------------------------------------------
1 YEAR (3) 8.15 8.49 8.65 9.03 8.85 9.25 9.05 9.47
----------------------------------------------------------------------------------------------------------------------------
2 YEAR (3) 9.15 9.58 9.90 10.41 10.15 10.68 10.40 10.96
----------------------------------------------------------------------------------------------------------------------------
3 YEAR (3) 9.65 10.13 10.65 11.24 10.95 11.57 11.25 11.91
----------------------------------------------------------------------------------------------------------------------------
4 YEAR (3) 9.90 10.41 9.90 10.41 9.90 10.41 9.90 10.41
----------------------------------------------------------------------------------------------------------------------------
5 YEAR (3) 10.15 10.68 10.15 10.68 10.15 10.68 10.15 10.68
----------------------------------------------------------------------------------------------------------------------------
10 YEAR (3) 10.90 11.51 10.90 11.51 10.90 11.51 10.90 11.51
----------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------
PORTFOLIO
AMOUNT (1) $25,000 - $49,999 $50,000 - $74,999 $75,000 - $99,999 $100,000 OR MORE
----------------------------------------------------------------------------------------------------------------------------
Interest Annual Interest Annual Interest Annual Interest Annual
NOTE TERM Rate % Yield % Rate % Yield % Rate % Yield % Rate % Yield %
----------------------------------------------------------------------------------------------------------------------------
3 MONTH (2) 6.40 6.61 6.65 6.88 6.90 7.14 7.15 7.41
----------------------------------------------------------------------------------------------------------------------------
6 MONTH (2) 7.15 7.41 7.40 7.68 7.65 7.95 7.90 8.22
----------------------------------------------------------------------------------------------------------------------------
1 YEAR (3) 9.30 9.74 9.55 10.02 9.80 10.29 10.05 10.57
----------------------------------------------------------------------------------------------------------------------------
2 YEAR (3) 10.65 11.24 10.90 11.51 11.15 11.79 11.40 12.07
----------------------------------------------------------------------------------------------------------------------------
3 YEAR (3) 11.50 12.19 11.75 12.47 12.00 12.75 12.25 13.03
----------------------------------------------------------------------------------------------------------------------------
4 YEAR (3) 10.15 10.68 10.40 10.96 10.65 11.24 10.90 11.51
----------------------------------------------------------------------------------------------------------------------------
5 YEAR (3) 10.40 10.96 10.65 11.24 10.90 11.51 11.15 11.79
----------------------------------------------------------------------------------------------------------------------------
10 YEAR (3) 11.15 11.79 11.40 12.07 11.65 12.35 11.90 12.63
----------------------------------------------------------------------------------------------------------------------------
1) We determine the applicable portfolio amount at the time you
purchase or renew a note by aggregating the principal amount of
all notes issued by Consumer Portfolio Services, Inc. that are
currently owned by you and your immediate family members.
Immediate family members include parents, children, siblings,
grandparents and grandchildren. Members of a sibling's family
are also considered immediate family members if the holder's
sibling is also a noteholder.
2) The annual yield calculation assumes that:
a. the term of the note is renewed sequentially for an
entire year,
b. the interest earned during each term is included in
the principal amount for the next term,
c. the listed interest rate is the interest rate for
each term,
d. and the accrued interest is paid annually. More
frequent interest payments will reduce your annual
yield.
3) The annual yield calculation assumes that accrued interest is
paid annually. More frequent interest payments will reduce your
annual yield.
The description in this prospectus supplement of the terms of
these notes adds to the description of the general terms and
provisions of the notes in the prospectus dated April 27, 2006.
Investors should rely on the description of the notes in this
supplement if it is inconsistent with the description in the
prospectus.
INTEREST RATES FOR NOTES PURCHASED OR RENEWED AFTER SEPTEMBER 30, 2006
ARE SUBJECT TO CHANGE.