Consumer debt levels are on the rise again, according to the latest analysis by Trans-Union Credit.

The report found non-mortgage debt for Canadians is actually at the highest level in eight years.

With the average debt sitting at just over $26,000, the debt level is up about 2-and-a-half per cent from last year.

TransUnion also said there was a big increase in the level of auto loans.

These loans were up 13.25 per cent, although that increase was partly offset by less money being drawn from lines of credits.

One encouraging sign in the data was that delinquency and default levels on loans remained low across the board. The survey warned that these low levels could be at risk if interest rates start to rise, however.

With household debt at an all-time high above 150 per cent of after-tax income, the Bank of Canada has declared it the number one domestic risk to the economy.