As late as 1977 ! was using two Burroughs E6000 computers to perform the function of loan payment application. The loans were for health club membership in the Chicago area and a great deal of the rest of the upper midwest area. We had over 50,000 loans outstanding at any time and processed from 1,000 to 3,000 loan payments a day. The machines we had were magnetic stripe ledger card readers and they would punch an output card with the results of the processing of the transaction. The latest information about the loan kept on a master deck of cards was replaced with the card that was punched as a result of the transaction on the E6000. The update was performed on a daily basis using the 085 sorter and a reproducer/collater. During the last 8 to 12 months of the use of the E6000, while a conversion was being worked on, we used only one E6000 and kept the other one for spare parts. Burroughs had run out of spare parts. The system worked, but it was manually work intensive, fraught with errors and created a great deal of work at the end of the month to balance the ledgers.