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Available to residents of Scotland
Debt Arrangement Scheme
The only official Debt Management Scheme in Scotland
Gives you more time to repay your debts without additional interest and charges being added
Check your eligibility today
We will only use your details to contact you about the information contained in your form submission. We do not share your data with any third parties.
What is the Debt Arrangement Scheme (DAS)?
A Debt Payment Plan (DPP) under the DAS scheme is the only official debt management scheme in Scotland.
You agree to make an affordable monthly repayment towards all of your debts for as long as it takes to repay them in full and in return your creditors are prevented from taking further action against you or adding more interest and/or charges to the debt.
You must seek advice from a DAS Money Advisor in order to enter into a DPP.
As with any formal debt solution, it is important that you speak to an debt management professional to ensure that you fully understand the implications of an DPP.
A Debt Payment Plan (DPP) under the DAS scheme is the only official debt management scheme in Scotland.
You agree to make an affordable monthly repayment towards all of your debts for as long as it takes to repay them in full and in return your creditors are prevented from taking further action against you or adding more interest and/or charges to the debt.
You must seek advice from a DAS Money Advisor in order to enter into a DPP.
As with any formal debt solution, it is important that you speak to an debt management professional to ensure that you fully understand the implications of an DPP.
Single, affordable repayment - make a single, fixed monthly repayment towards all debts included in your DPP.
Payment based on surplus income - monthly repayment based on the level of surplus income you have remaining once all of your basic needs (rent, utilities, food etc) have been met.
No more charges - charges and interest are usually frozen.
No further action - legal protection stopping your creditors taking any further action against you.
DAS Cons
Credit rating - as with any formal debt solution, your credit rating will be affected for 6 years.
Public register - details of your DPP will be entered into the insolvency register.
Other debt schemes - you cannot apply for a DPP if you are already in a PTD or bankrupty which has not yet been discharged.
Strict budgeting - you must follow a strict budget for the duration of your DPP to ensure you can keep up with payments.
A simple process...
In some instances you could even write-off a large proportion of your debts.
To make life even easier, once you have agreed a repayment amount and the right debt solution for you, we do the rest. We will collect the payment from you each month and split it between your creditors for you.
Relieve stress and give yourself peace of mind with one monthly payment.
Consolidate your debts into a single, affordable monthly repayment with a DAS.