New Delhi, Nov. 14 -- Credit card usage in the country has rapidly surged over the past few years. This has been driven by easy onboarding, an aggressive reward system and rising consumer spending. Still, with this growth comes a familiar concern: are credit cards creating a debt trap for cardholders and households?

The answer to this question is not straightforward. What matters on a fundamental level is how credit card users behave when using these credit instruments. Below is a crisp, structured breakdown to help readers assess risks and stay financially secure.

Kundan Shahi, Founder of Zavo, adds to this, saying, "Credit cards can become traps through careless use, but with discipline, they remain tools. Treat your card like a short...