How is my money allocated to loans?
When you pay money into your account, it is automatically placed in a queue to ‘buy’ parts of individual loans on the platform.
'Loan parts' are bought and sold automatically and regularly, on a first-come, first-served basis. If you deposit your money before someone else, the platform will make sure all your money is allocated to loans before them.
When allocating your money, the platform always starts with the loan that, proportionally, has the least money assigned to it. It will then move to the next loan.