markr
Member of DD Central
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Post by markr on May 26, 2015 15:45:11 GMT
Is loan 1030 the first defaulted loan that has actually recovered more than the outstanding principal? Needless to say, Faintly Credible's systems can't cope with this; to ensure we don't fiddle our taxes, they must distribute the surplus as interest, not recoveries, and no-one thought that this eventually would ever be required and so they didn't train the hamsters.
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min
Member of DD Central
Posts: 615
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Post by min on May 26, 2015 19:47:57 GMT
Is loan 1030 the first defaulted loan that has actually recovered more than the outstanding principal? Needless to say, Faintly Credible's systems can't cope with this; to ensure we don't fiddle our taxes, they must distribute the surplus as interest, not recoveries, and no-one thought that this eventually would ever be required and so they didn't train the hamsters. you're wrong.They trained the hamsters at the time but hamsters have notoriously short life and they forgot to train the next generation.
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Post by GSV3MIaC on May 26, 2015 20:52:03 GMT
And hamsters may be to Methuselah as Fiendish Computers software engineers are to hamsters? I would expect a high turnover (if I were in charge I'd probably be causing it. 8>.)
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mikeb
Posts: 1,072
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Post by mikeb on May 28, 2015 17:45:15 GMT
Is loan 1030 the first defaulted loan that has actually recovered more than the outstanding principal? Needless to say, Faintly Credible's systems can't cope with this; to ensure we don't fiddle our taxes, they must distribute the surplus as interest, not recoveries, and no-one thought that this eventually would ever be required and so they didn't train the hamsters. 112 (Expansion Loan) predates that by a long way. Recovered outstanding principal (about 87% of amount originally loaned) and interest due. 465 (Cash Injection For Growing Agency) also recovered principle and outstanding interest. Very much the exception, not the rule  Maybe the hamsters have just forgotten how to do it!
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