There are a number of situations that arise in life where you find it tough to manage your finances and you end up taking a loan. At times, paying back this loan becomes very tough on you and you find yourself in debt that is hard to clear. In such situations opting in for a Debt Arrangement Scheme is one of the best things you can do. One of the main reasons why this scheme is so helpful is because it provides you with flexible solutions to help you pay back the loan without feeling the pressure. What DAS essentially does it forms an agreement with the lending company and helps to reduce your monthly dues. This makes it easier for you to pay back the loan without worrying about missing out on a payment. Not only does it help you clear the loan amount, it helps you stabilize your financial situation.


This is an easy alternative to pay back loans that you have failed to pay back. When you opt in for DAS, it does not affect your credit score and instead it helps you to plan your finances in a better way. This is a great way to get out of the debt in a slow, sturdy but efficient manner.

A DAS is the best way to come up to date with the repayment of your debts without putting too much pressure on yourself. A DAS is similar to a foreclosure however in this case the debt is not paid off. Only the duration to pay off the debt is increased and the interest and penalties levied on the debt is frozen for a duration that has already been set.


A DAS will help you get back on your feet as you will have to pay back only the amount that you can afford to pay back per month. With a DAS there will be no more harassment from creditors as well. You can continue living your life on your terms and repay your debts in peace. A DAS is a legal contract between you and your creditor and is created based on your capability of paying back. Once you have submitted your paperwork proving your financial condition your DAS approval will not take much time. With DAS in place there is no need to stop paying your monthly payments and ruin your credit history.