Credit Relationship Management Tool

Credit Relationship Management Tool

 

This is the Credit Relationship Program (CRP) Calculator. Input the credit limit of the creditor you have an open accont with. The objective of this calculator is to improve the "quality" of the relationship with your creditors both short (tactical) and long-term (strategic).

 
$

This is the amount the client should ideally borrow as soon as possible. NOTE: This can be used towards paying a bill or used towards regular expenses.

Payment Goal Section

In this section, we'll strategize on how much to pay towards the account each month, leading all the way up to the final payment.

$
$
$

By this stage, you have paid 90% of your balance off. The remaining 10% stays of the borrowed amount for another month to be paid off, or simply carried forward to continue the program.

Understanding Potential Merits

This section demonstrates what is viable and what the potential limit increase can look like, depending on a few factors. These factors include, but are not limited to:

(1) Client has no missed payments in the last 12 months.

(2) Client has established relationship with the creditor for at least 12 months.

(3) The client has the financial capabilities to handle the new credit amount being extended.

$
$
$

This is the most favorable probability. This is dependent on the quality of the client's relationship with their creditor over the last 12 months.

This is a solid probability based on what the client has done in the last 6 months of their relationship with the creditor.

This is the most likely scenario based on the last 3 months of the client's payment performance. This also hinges on NO LATE PAYMENTS in the last 12 months

Credit Relationship Management Overview



Dear, ________________ [Client Name]


The purpose of this document is to provide you with a clear understanding of our mission and vision for enhancing the quality of your relationships with creditors. Many existing programs primarily focus on principles such as debt elimination, and not keeping balances on your cards. Ultimately, relying on available cash.


Our approach is centered on elevating the overall quality of your interactions with your current creditors. It also serves as an excellent starting point if you're establishing new relationships. Throughout this journey, you'll gain access to insights on par with those offered by financial institutions, empowering you to elevate your credit status and capabilities.


It's important to note that our program is designed to manage outstanding balances for up to three months or a single bank cycle. After this period, the decision to continue will be entirely in your hands, depending on the potential yield it can generate.


To assist you in this process, I've outlined a specific creditor we need to concentrate on. By following this system, you can expect to achieve beyond satisfactory results.


Our Analysis:

Creditor : 

Account number according to reports: [INSERT ACCOUNT NUMBER HERE]

Current Credit Limit: $

Target borrowing amount within the next 5 to 10 business days: $

Once borrowed, and the amount posts to your statement, follow the pay schedule below:


Your first (Month 1) payment within 30 days as it posts should be: $

Your second (Month 2) payment within 60 days should be: $

Your third (Month 3) payment within 90 days should be: $


If you follow the above-referenced financial steps , you should potentially obtain the following limit increases below:


Limit Increase 1 at 55% probability should be: $

Limit Increase 2 at 30% probability should be: $

Limit Increase 3 at 15% probability should be: $