Any initial advice that you receive about a Debt Arrangement Scheme (DAS) from Wilmott Turner Financial Services (WTFS) either on the telephone, via e-mail or from websites or debt forums owned and operated by us is given without charge.

If you then decide that a DAS is right for you, the cost of carrying out the scheme will depend on the way you implement and manage it. This could be either by using a free organisation or a commercial debt management company.

Using a free organisation

Organizations such as your local CAB (Citizens Advice) or Local Authority employ approved money advisors who should offer to set up a DAS for you for free. Sometimes this can be adequate, however the waiting lists to speak to one of these advisors can be long and you can often get your DAS up and running far quicker by using the services of a commercial company.

Using a commercial debt management company

It is possible to pay a professional organization to implement a Debt Arrangement Scheme for you. The service will be swift and efficient and the results can often reflect this.

A commercial debt management company will charge a fee for setting up a DAS and running it on your behalf. This fee can be up to £2000. However you do not have to find any extra money to pay these fees. They are added to your overall debt and then simply deducted from the monthly payments that you make.

Take action

Read more – Our debt experts have written thousands of articles about solving personal debt problems. Read some of these to find more about which debt solution is best for you.

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