Tuesday, October 23, 2007

L&LCA Fee Schedule

This fee schedule is a work in progress but for the most part will be the final schedule. Please feel free to post your comments on the schedule and I will research any issues further.

LLCA Fee Schedule

Credit Files

User: A user is the avatar that has the report on file. The user can only view his or her file.

View Report (1 time per month) – Free
View Report (more than once per month) - $100L
Investigation (includes any discrepancies on report at time initiated) - $100L
Inclusion of RL information (includes investigation to validate and all documentation) - $300L

****NOTE: RL Information is optional and the avatar will sign a disclosure agreement allowing their information to be viewable by Enterprise Corporate customers. Avatars that have RL information on file DO NOT have to authorize it to be viewed by anyone other than LLCA staff.

Basic Corporate: A validated business that will use the services of the database but does not upload information. Basic Corporate customers can view any avatar but will not have access to view RL information or documents associated with the file and may have limited file information.

View Report - $200L
Bulk Reports (125) - $20,000
Bulk Reports (500) - $80,000
Bulk Reports (1000) - $150,000

Enterprise Corporate: A validated business that will use the services of the database and upload information. Enterprise Corporate customers can view all facets of the report and request further validation of RL information if the avatar has authorized it to be viewed.

Membership Fee (Quarterly, includes uploads and 1500 reports) - $150,000L
Membership Fee (Monthly, includes uploads and 500 reports) - $60,000L
Each additional report - $75L
Preferred Lender Status (for Debt Management Services, Quarterly) - $50,000L

Debt Management and Trustee Services: These services are available to any user. You do not have to be a corporate customer to use the business services. Currently, Debt Consolidation is done via negotiation. In the future, Enterprise Corporate banks may opt to become a preferred lender to assist in debt consolidation. Collateral may be needed. Payment structure is negotiable.

Personal:
Debt Consolidation and Trustee Services- $100L per $10,000L debt

Business:
Business Plan Consultation - $1500
IPO Validation and Consultation - $1000
Debt Consolidation Negotiation and Trustee Services - $500L per $10,000L debt
Collections Services - $200 per $10,000L debt
Debt Sale - Negotiable

Real World Marketing of RPG Sims for LLRS

Though Hostel is not complete in minor decor such as furnishing, the sim has an air of elegance that is calming and inviting, creating a prime area for an SL MMORPG. There are tons of RPG forums and such that would probably intersted in bringing a character to Hostel which in turn would make more profit for the vendors there and bring more vendors to the city.

I am considering using the Registration API to drive traffic to the RPG sims, starting with an orientation area that will introduce the new character to Second Life and to the sim, preparing them there before they explore. While this is innovative, I am not sure how fluid this would work so I would like to put it to a vote.

Do you think Registration API can be effective in driving traffic to the RPG sims?

Yes = Yes, I think it would be effective.

No = No, it's not a good idea.

Sincerely,

Lindsay Druart

Risk API Implementation in L&LCA

Upon completion of the first version of the reporting system, risk API will be implemented into the system as part of the scoring process. I believe we will do a resolution to determine whether this should affect the score or be listed as a notation. We are still deciding how often to run the report for negative but this is one step closure to a more secure Second Life for us all.

Be on the look out for the resolution that will include a few points. I will be posting this notice to the L&L Bank and Trust shareholders as they hold stake in the Credit Reporting Agency as well and the votes of the bank's alt will be based on the votes from LLBT shareholders. Feel free to email me at lindsay.druart@gmail.com with questions or check my blog as I repost most notices there.

Sincerely,

Lindsay Druart

Should negative risk affect the credit scoring or should the negative be listed as a note on the credit file?

Yes = The score should decrease for negative risk pings.

No = Negative risk pings will be notated on the file but will not affect the score.