EuroDebt has argued that increased credit card borrowing could be attributed to lack of lending in other areas.

During July, according to the Bank of England, credit card borrowing increased by £92 million.

The debt solution provider is warning that the latest figures indicate an increased risk to families already struggling to manage their finances.

Kevin Still, director of EuroDebt, said: “The decline in consumer lending over the last year or so has put increasing pressure on families who