Key points
- Only available in Scotland
- You repay your debts in full
- Interest, fees and charges are frozen
- Creditors can't take action while you keep to the plan
- You apply through an approved money adviser
How does DAS work?
An approved money adviser helps you set up a Debt Payment Programme. You make one regular payment, which is shared between your creditors. Once approved, interest, fees and charges are frozen and creditors can't take legal action as long as you keep up your payments.
Who is it for?
DAS suits people in Scotland who can afford to repay their debts in full if they're given more time and protection, and who want to avoid formal insolvency.
Is it free?
You can set up DAS for free through a free money advice service. Some private providers charge for it, so check before you agree.
Things to know
- It can last as long as it takes to repay what you owe.
- You can take a payment break in some circumstances.
- It appears on your credit file.
Frequently asked questions
Is DAS the same as a debt management plan?
They're similar, but DAS is legally binding in Scotland, so interest and charges are frozen and creditors can't take action.
Do I lose my home with DAS?
No. You repay your debts in full, so you don't have to sell your home.
Who can set up a DAS?
An approved money adviser, often at a free advice service.
Free debt advice is available
You can get free, impartial debt advice from not-for-profit organisations through MoneyHelper's debt advice locator.
Sources and further reading
This guide is general information, not advice, and was correct when last updated. Rules and limits can change. Speak to a regulated adviser about your own situation.