An increasing number of Britons are running up debts by going on holiday, new figures indicate.

According to research conducted by CreditExpert, some 27 per cent of tourists fund a break by taking out a personal loan or using a credit card or overdraft.

The study also revealed that six per cent of respondents regularly "go into the red" while abroad.

Managing director Jim Hodgkins said: "It’s worrying that, as a nation, many of us have a ‘me now, debt later’ attitude to our finances."

Mr Hodgkins advised that holidaymakers should stick to a budget when choosing a holiday and plan for day-to-day expenses while away.

He warned that those who miss loan repayments on their return home could find their credit report being damaged "which means lenders may not want to offer you credit in future".

However, some of tourists’ debt problems could be alleviated as the cost of mobile phones calls while abroad is to fall.

From July 1st, holidaymakers in the European Union will face price caps, which according to SimplySwitch.com could mean they will avoid a "nasty shock" upon opening their bills back home.

Interfinancial providing you with breaking debt management news.