Our current Debt Payment Programme (DPP) under the Debt Arrangement Scheme (DAS) creditor acceptance rate is 99.8%.
This means that in almost every case that we’ve proposed on our customers’ behalf, we have been able to get their DAS proposal approved by their creditors. A creditor is someone who you money to. For example, a credit card company or catalogue company.
In this sample of 2,839 Debt Payment Programmes (DPPs) under the Debt Arrangement Scheme (DAS), approved between January 2021 and December 2023, only 7 proposed DPPs were rejected and unable to proceed.
You can find out more about the advantages and disadvantages of the Debt Arrangement Scheme by calling Scottish Debt Expert on 0141 456 8588.