A DAS (Debt Arrangement Scheme) is a government sanctioned debt solution, that is designed to allow you to pay off you debt over a longer period of time than stated in the original credit agreement. This means that your monthly payments reduce to a more affordable level. So who is eligible?
Debt Arrangement Scheme FAQs
Sadly, there is no getting around the fact that pretty much any debt solution that you enter into will change your credit score for the worse. However, if you have already been missing repayments, then your credit score will already be negatively affected. Entering into a debt solution should be seen as making a fresh start, an opportunity to build yourself and your credit score back up.