Debt Arrangement Schemes are intended for people who have and can demonstrate a regular income.
They are suitable for people who can pay back their debts over a longer period, but who are currently struggling with problem debt and high interest payments on their debt – making it harder and harder to keep up their current payments to creditors.
If this is you, then a debt arrangement scheme could be the right option. To qualify for a DAS, you need to:
- Be living in Scotland
- Have sought the advice of a DAS-approved Money Advisor
- Have enough disposable income after paying for your day-to-day living expenses (e.g. mortgage, food, council tax, travel)