PAYMENT RATING SYSTEM

WLA Payment Rating System WLA Members to WLA members

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it be next to each WLA members profile.

This is now available to all WLA members and applies also to all WLA members.

 

It is for the WLA members to advise the WLA network of payment failures. It is also up the WLA members to arrange different payment agreements. The delays of any payment agreement will be rated the same according the delayed times of payment after the agreed time of credit. 

The way it works ….is below 🙂

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WLA Members do give 30 days credit to other WLA members.
If the outstanding is paid within 30 days +/- 7 days
Your WLA Payment Rating is EXCELENT

 

 

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If the outstanding is paid within 44 days +/- 7 days
Your WLA Payment Rating is OK

              

 

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If the outstanding is paid within 55 days +/- 7 days
Your WLA Payment Rating is NOT GOOD

 

 

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If the outstanding is paid within 65 days +/- 7 days
Your WLA Payment Rating is UNACCEPTABLE

 

 

For the payment as a WLA member to the WLA Network for the WLA membership fee the WLA Payment Rating works as below .

WLA Network give 7 days credit on the invoice to the WLA members.
If the outstanding is paid within 14 days +/- 7 days
Your WLA Payment Rating is EXCELLENT

If the outstanding is paid within 30 days +/- 7 days
Your WLA Payment Rating is OK

If the outstanding is paid within 40 days +/- 7 days
Your WLA Payment Rating is Not Good

If the outstanding is paid within 50 days +/- 7 days
Your WLA Payment Rating is UNACCEPTABLE

The WLA member with Red WLA PR may be expelled and excluded from the WLA Network with a warning email to other members and Networks.