Our current Debt Payment Programme (DPP) under the Debt Arrangement Scheme (DAS) creditor acceptance rate is 99.99%.
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 to who you money. For example, a credit card company or catalogue company.
In this sample of 1,144 Debt Payment Programmes (DPPs) under the Debt Arrangement Scheme (DAS), approved between July 2019 and October 2021, only 1 proposed DPP was rejected and unable to proceed.
You can find out more about the advantage and disadvantages of the Debt Arrangement Scheme by calling Trust Deed Scotland® on 0141 221 0999.