A recent survey found that nearly half of U.S. cardholders enrolled in a credit card rewards program have never redeemed their points. However, 60% of consumers said rewards program influences their decision when deciding which credit card to use for a purchase.

When considering an offer for a card that offers rewards, be sure to read fine print. Find out what you have to do to earn points. Look carefully for any restrictions as to when you can redeem them. Also check to see if your points carry over from one year to next.

Reward programs most benefit those who pay off their balances monthly. For those who carry a balance or even pay late, resulting higher balances and fees aren’t really much of a reward, are they?

When you co-sign for a loan or a lease you’re more than just a backup if primary borrower can’t repay his or her debts, you’re a co-borrower! You share liability even though you share none of benefits of loan or lease. Lenders can turn to you at any time to get back their money, not just when they’ve exhausted all efforts with borrower.

“My ex-husband co-signed for a loan for a girl several years before we married. She was in armed forces, and he got stuck with entire bill. It took years before it was paid off,” said Marjorie, a forum participant at