The Debt Arrangement Scheme (DAS), was introduced by the Scottish Government in 2004. This is a legal debt management scheme to help individuals pay off their debt with fixed affordable payments.
At Personal Debt Support, we understand the pressure that neverending debt can put on an individual. You may feel that you have nowhere to turn to and are being bombarded by threatening emails and phone calls. Speaking to an expert financial adviser can help you gain a better understanding of your situation and what measures can be put in place to manage your finances effectively and efficiently.
There are a number of options available when it comes to debt management. The expert team at Personal Debt support can lend a sympathetic ear and present several options to you that best fit your financial circumstances. One of these options is a Debt Arrangement Scheme.
A DAS is available to you if you live in Scotland and qualify for this scheme. To qualify for this, you will currently have one of more debts, are not bankrupt and have a reasonable amount of money left after all of your outgoings.
Fill out the form to let our team access if you qualify for one of our debt management solutions
A DAS Register is a public register that records details of everyone participating in a DAS. Credit agencies use these registers to update credit files.
Within a DAS application, there are charges for the costs of the distribution to creditors and application. There is a maximum of 10% that can be taken in total, no more than 8% to the payment distributor and 2% for the application fee.
Yes. Interest and charges are frozen as soon as your application is submitted.