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Post by bracknellboy on May 24, 2016 18:26:18 GMT
there was a time I knew the answer to this, back when I was more active on FC and used to do more 'analysis'.
The complete loan book (not personal loan book) has columns for 'recoveries' and Principal Remaining, (for bad debts). Does anyone know/recall whether the Principal Remaining is the amount that was outstanding at the time the loan was defaulted (I /think/ it is) or is it that left taking into account post default recoveries.
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Post by GSV3MIaC on May 24, 2016 18:30:57 GMT
It's the amount that was remaining when the loan went mammaries skyward .. any recovery is ignored when calculating this. Look at 16507 for instance (a WL) .. the whole lot was defaulted, but all of it (plus interest) has been recovered.
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Post by bracknellboy on May 24, 2016 19:21:34 GMT
Thanks. I had a 'thought' shortly after posting and having opened up my computer again have found one of my own 'data points' which allowed me to check (2454).
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