For example, bankers may call customers who have mortgages to come in for an account review, though the actual goal is to sell them on a checking or savings account.
Payment example: A 60-month loan with a 2.74% fixed APR would have monthly payments of $17.86 per thousand dollars borrowed. Alliant loan approval, APR, downpayment required and other terms and conditions based on LTV (Loan to Value), payment method, creditworthiness, collateral (including age of vehicle), and the term of the loan.
Selling a customer with a checking account a home improvement loan is an example of – operational CRM. – direct marketing. – cross-selling. – cross-channel promotions.
Megabanks also outperform community banks and credit unions in cross selling mortgages and home equity loans. to future funds – durable credit Bundling accounts – e.g., checking accounts as part of.