What is Payment Rating?
The CreditorWatch Payment Rating displays an entity’s payment history, including the average number of days they take to pay invoices.
This is compared to the industry average, allowing you to understand how the entity is paying in relation to others within the same sector.
It helps you identify and avoid slow-paying entities that may present a higher repayment risk.
Understanding the Rating Scale
Each entity is given a rating from A to E, based on their payment behaviour:
A – Pays on time
B – Generally pays within terms
C – Occasionally late payments
D – Consistently late payments
E – Severely late or defaulted payments
If the entity you are reviewing has an NR rating, this means there are fewer than two active tradelines available to calculate a rating.
This simple scale helps you quickly assess an entity’s likelihood of timely repayment.
Learn More
The webinar below explains:
How the payment rating system works
The A–E rating method
Key benefits of Payment Rating for your business
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