1) Am I correct that all Prosper loans on the weekend are "fractional" loans?
2) And that the limit for any big player is 50% and that multiple big players can't each take 50%?
For example today I was pretty quick and choose a nice 'B' $10,000 loan and hit it for $100, my standard bet.
When I returned to my screen it was now 51% full i.e. $5,100 out of $10,000.
So a big player took half the loan and the rest is left for the retail crowd?
Do I have that right? TIA
Also I noted that Prosper has dropped the limit from 75% to 50% recently.