Bidding on Loan Listings

The listing is still not funded, so lenders are receiving the loan at the asking rate of 10.00%. Note that Jill is listed first because her actual bid rate is below Bob's, even though it is not displayed to the public.

Listing details Amount requested: $3,000 Amount funded: $2,000 Lender rate: 10.00% Maximum bid rate: 10.00%

Bid History Legend: = Winning = Partially winning = Outbid Bidder (bid order) Current rate (not displayed) Actual bid rate Amout bid Winning Status Jill (2) 10.00% 8.00% $1,000 $1,000 Bob (1) 10.00% 9.00% $1,000 $1,000 Starting rate 10.00%