Paying off a 29% credit card

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Listing Information
Amount: $1,000.00 Status: Loan created
Grade: HR DTI: 13%
Lender Rate: 20% Borrower: PFCberla
Time Left: Finished State: AZ
Funded: 100% Group: Vets helping Vets
Loan Information
Loan Status: Current Origination Date: 2006-08-31 EricsCC ROI: 13%
Status History
Aug 31, 2006 Current
I want to pay off a 29 % credit card I have and start by getting a lower rate through prosper.  Why should Visa get all that money when regular people can make the money, saving me money.
Borrower's Other Listings
31991 Debt Consolodation HR $5,000 @ 23% Aug 17, 2006 Withdrawn
250506 Paying off two more 29% credit cards HR $10,000 @ 19% Dec 13, 2007 Withdrawn
257911 15 months no late, no missed payments HR $2,900 @ 21% Dec 30, 2007 Expired
320531 19 months NO late, NO missed payments HR $1,000 @ 26% Apr 28, 2008 Expired
332886 Why bank with me? 20 months NO late, NO missed payments HR $1,000 @ 18% May 30, 2008 Loan created

 

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