We use cookies to give you the best browsing experience. If you close this message or continue browsing, we will take it that you consent to this and we won't remind you again. You can disable cookies in Privacy Policy.

Close
  • Start Live chat
menu
On this page:

Get started

What is a DAS?

What happens during a DAS?

Common questions

Get in touch

Blog articles

Debt Arrangement Scheme

Through our experience with Debt Arrangement Schemes we know when it's the right solution. Quickly find out if it's right for you with our three simple steps

Answer a few online questions

It's fast and easy

2 min

Get your free Money-Smart report

Makes sense of your money

Find the right solution for you

Help reduce monthly payments

Get started

Typical Example from all our customers who were recommended a Debt Arrangement Scheme

This average example shows how these customers’ payments were made more affordable each month.

Typical Example

Personal unsecured debt

£15,039

Number of lenders

10

Previous monthly debt repayments

£511

New monthly debt repayments

£358

We are able to reduce monthly repayments by carefully reviewing your finances and putting forward realistic recommendations to your lenders.

These figures are based on the averages across all Debt Arrangement Schemes arranged for customers in 2016. We assess each customer individually based on their circumstances, and payments to the Debt Arrangement Scheme are based on what is realistic and affordable.

The Debt Arrangement Scheme can only be arranged by approved Money Advisors, so talk to us for expert advice

Repay all of your unsecured debts at a rate you can afford with this formal debt solution available to Scottish residents.

A Scottish solution

Debt Arrangement Schemes are only available if you live in Scotland.

Debt Arrangement Schemes are affordable

You'll make lower monthly repayments over a longer period of time on your unsecured lending (things like credit cards, loans, overdrafts etc).

This will make sure you only have to pay what you can afford after you've taken care of your other important bills and living costs.

Freeze interest & charges

All interest and charges on your debts will be frozen, so your debts can't grow.

Credit rating

As you'll be paying a reduced amount, it may take longer to repay what you owe and your credit rating will be adversely affected.

Debt Payment Programme (DPP)

Under the Debt Arrangement Scheme, you will have a new repayment plan called a Debt Payment Programme (DPP). The DPP is legally binding, so once it's been agreed you will be protected against further action from your lenders (as long as you keep up with your payments).

Answer a few questions online, find out if a Debt Arrangement Scheme is right for you

Quickly find out if a Debt Arrangement Scheme is right for you

Get started

Debt Arrangement Schemes are available subject to eligibility and acceptance, alternative solutions may be offered. Fees payable if continuing service are provided. Our fees are explained here.

To find out more about managing your money and getting free debt advice, visit Money Advice Service, an independent service set up to help people manage their money.

From finding balances to dealing with your lenders - your qualified Money Advisor will do it all for you

What will happen during a Debt Arrangement Scheme (DAS)...

Advice

A Money advisor will gather information, explain your options and help you decide if a DAS is right for you before applying for a debt payment programme (DPP) under a DAS

Options

If a DAS is the right solution for you, a money advisor will prepare the DAS proposal documents

We then ensure you read and understand the documents before signing

Proposal

Your lenders are sent the DAS proposal. They then decide whether to accept it

Once accepted the DPP is set up as agreed under the DAS

Solution

Once the DPP has been completed all of the debtors details are removed from the DAS Register and the creditors will be informed that their debt(s) in the DPP have been repaid.

With a Debt Arrangement Scheme your monthly repayments are made more affordable

Answers to common Debt Arrangement Scheme questions

Will it affect my credit history?

The fact that you've lowered your monthly repayments will affect your credit rating and will show up on your credit record for six years – this will affect your ability to obtain credit. Your DPP will also be recorded in a publicly available Debt Arrangement Scheme register.

Can I still get credit?

Whilst you're paying your debts under the DPP, you need permission from the Debt Arrangement Scheme Administrator before applying for or obtaining any further credit.

As you will be repaying less each month towards your debts, you will be in debt for a longer period.

Show the answers

For further information about Debt Arrangement Scheme Read more...

Our promise to you

You will not be called by a call centre

Our experienced, money advisors will only call at a time convenient for you - and then be your single point of contact

We'll take care of everything

From finding balances to dealing with your lenders - your qualified Money Advisor will do it all for you!

DAC look to help everyone

We have helped over 400,000 people with a range of solutions - it's important we find the right one for you

Get your FREE Money-smart report - make sense of your money

Get started

Find out if a Debt Arrangement Scheme is the right solution

Talk with your personal Money Advisor today

If you are interested or would like more information on Debt Arrangement Schemes, talk through your options with one of our experienced money advisors

0161 413 9583

We will offer advice support and a solution

Book a Call back

You can choose when you want us to call you

Start Live Chat

Type in your question for an instant reply

Read the latest blog articles...

Debt Arrangement Schemes and how they work

Posted by: Christine Walsh |

April 25 2017

Tackling your debts

Debt help in Scotland: Debt Arrangement Schemes

Posted by: Christine Walsh |

December 09 2016

Tackling your debts

Debt Management in Scotland

Posted by: Christine Walsh |

November 10 2016

Tackling your debts

Debts in Scotland – what is diligence?

Posted by: Christine Walsh |

September 17 2016

Tackling your debts

Based on Feefo.com reviews - customers who left an Debt Advisory Centre review recommend us with an average rating of 4.8 out of 5 from 532 reviews left by Debt Advisory Centre customers (as of July, 2017)