Finance Credit Account Review

Client Analysis

Our client displayed a balanced financial behaviour over the course of the past year with an average balance that suggests a good command over finances. The client's history reflects a strong propensity for timely repayments, marking an impressive credit score. Despite a few minor overdraft incidents, the client has constantly maintained an above-average performance.

Risk Assessment

The risk associated with the client seems quite low given the frequent credit turnover in their account. Arguably, such a pattern suggests that the client is both, financially sound and has a good understanding of credit management. The few instances of overdraft could be attributed to occasional oversights, as they were promptly corrected. The consistent and swift response to these situations only serves to further minimize potential risks.

Recommendations

Considering the low risk associated with this client, it's recommended to continue extending credit services to them. Possible enhancements may include an increase in credit limit or preferential interest rates due to their excellent credit utilization behaviour. Additionally, it's advisable to provide overdraft alerts or reminders to prevent minor lapses in the future.

Performance Review Table

Year	Credit Score	Turnover	Overdraft Incidents
2050	720	$1,00,000	2
2051	730	$1,20,000	2
2052	750	$1,50,000	1

In conclusion, the client has maintained a commendable finance credit account demonstrating excellent financial habits and promising potential for further business. It is an advantage to maintain a business relationship with such a low-risk client and should be maintained with due diligence and care.