Things have been happening so suddenly. It was a while before I realized I am almost stuck in a trap (or at least to me it seemed to be so). I am not much of a savings person. I use my credit card a lot. The only saving grace seems to be that I have taken no,loans,and I have no liability.,Otherwise I’d be stuck in a debt trap. With no way to know how to get myself out of it. Let’s just say that I am one of the lucky ones. What about those who are not so lucky? What can they do when in a debt trap? One option is to go to a financial advisor or consultant. But, they can be expensive.The better solution is to approach a credit counseling center. There are several credit counseling centers in cities across India. Some banks also have own credit counseling centers too, such as the Bank of India-sponsored Abhay, at Dadar in Mumbai. This agency, the first of its kind, also has centers in Gumla (Jharkhand), Wardha, and Chennai. ICICI Bank’s credit counseling centre, Disha has center...