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In the always rocky relationship between credit card issuers and consumers, 2009 was particularly contentious. This was the year when millions of consumers discovered the hard way that credit card companies, despite lengthy grace period and sweet promises of 0% APR sugar Daddy offers, are not their friend.

And, while card issuers so far have had the upper hand in the great Credit Card Wars of the early 21st century, credit card companies may be about to (re)discover a bitter lesson of their own: if want your business to thrive, don’t kill the goose that lays the golden egg.

Credit cardholders across the country over the past year have been protesting loudly, but largely in vain, as card issuers aggressively increased interest rates, slashed credit limits, increased penalty fees, and in numerous other ways tightened credit card terms. P

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Using a credit card to save money really is possible, with wise use of gasoline rebate cards. When you pay your balance in full each month and avoid interest charges, it’s like free money – as long as you aren’t paying an annual fee.

Here’s what to look for when you compare gas cards:

The annual fee, of course. If you travel extensively and the rebate is high, it might be worth choosing a card with a fee. But do the math before you choose.

Next, the amount of the rebate. Cards vary from 1% up to 5% for some station-specific credit cards. And that makes a huge difference! S Read full article…

In the past, for many people when it came to prepaid cards it was for using sparingly or during times that they didn’t want to use their credit cards to make purchases (ie: online). Now that the times have changed, prepaid cards are finding themselves in the pocketbooks of millions of Americans. For that reason, it now looks like everyone can look forward to seeing more major credit card issuers enter into the reloadable prepaid cards space. One of the most recent issuers to do so was Capital One in hopes to benefit from the millions of consumers navigating away from credit cards to get a better handle on debt.

When looking at prepaid cards there are many options that are available and each is geared to a different audience. S

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Sound familiar? I was recently asked this question by one of my clients and figured the question warranted discussion.

The average American has anywhere from 5-10 credit cards, though with the recent financial crisis, that number has probably gone down. Do American’s need that many? Maybe, maybe not. I think the number of cards themselves is less important than the amount of debt you can comfortably pay off each month.

As we’ve discussed before, your credit score is determined by several factors, one of which is the debt-to-credit-limit ratio on all of your cards. Ideally, you want to keep what you owe on each card between 25-45% of what your actual credit limit is.

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Do you think that overlimit and bank fees are unfair, given the difference between how little the banks are inconvenienced and how much consumers are charged?  Jackie Romas did, and now she’s lost her job because of it.

The Huffington Post reports that Jackie was fired by Bank of America for helping customers who had incurred these fees and hit hard times.  Instead of acting as a debt collector, like B of A wanted her to, Jackie used the loopholes in the bank’s contracts to help people get into better programs and avoid hefty fines.

“So I stopped denying people [the ability to modify their accounts],” said Ramos. “I helped

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