Why do you think people are skeptical about using credit cards?

Most people are skeptical about using credit cards becuse there is fear of being charge with higher interest rates which would lead to inflation brought by people uncontrolled spending. As a result consumers have more money to spend, causing their financial power to increased but side by side with that they forget its negative effects. The opposite holds true for the rising interest rates as interest rate increased customer are in to more and more expenditure instead of saving and will end up with to many losses. Another one is by venturing with to much credit cards there is a bigger chance of the occurrance of identity which might increased a country's domestic crime rates.    

To avoid identity thefts and resutant problems.

Due lack of confidence in banks systmes and security issues

Generally most of the people are skeptical about using credit card, because of following reasons:-

1) Exorbitant rate of interest/finance charges even in case of short delay in payment.

2)Un necesssary/ unapproved charges/service cost loaded to the card.

3)Marketing calls/offers from credit card sales team which tricks the users in committing certain transactions which will load with interest on the card.

4) Financial decipline of the users gets affected. As normally we all spend what we have, except for capital asset purchase. When you have a card, then even for consumer items you end up purchasing in EMI, which will make you fall in debt trap (atleast in some cases).

5) Fear of misusing/lose of card which leads to major financial risk 

Because they have not fully awareness

because of trust issue we so fraudster won't commit fraud on their account using the credit card.

Banks Hidden Charges, Online Scams & application of high Interset rates causes 

power to increased but side by side with that they forget its negative effects. The opposite holds true for the rising interest rates as interest rate increased customer are in to more and more expenditure instead of saving and will end up with to many losses. Another one is by venturing with to much credit cards there is a bigger chance of the occurrance of identity which might increased a country's domestic crime rates.    

Some of people are till now skeptical, I think it depends on their level of life and education, plus knowledge about banking products and system in general, but majority of population are using credit cards daily, especially into highly developed countries, where financial structures are spending huge part of the budget for security systems. Now the bank has associations like highly reliable partner, so less and less fears people have about it, especially when the bank is putting much efforts on creation the strong positive image.

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Because we are afraid that they will fall into the trap of overconsumption and indebtedness. This is completely normal. However, since we can not prevent the existence of these cards, I believe ...