A Debt Payment Programme (DPP) is a programme you would agree to under the DAS scheme. It sets out how much you are able to pay towards your debts each month, and how long you’d be expected to make those payments before the debts were cleared entirely. The DPP is proposed to your creditors and once approved then your creditors are bound by its terms as long as you stick to the agreement.
May not be suitable in all circumstances. Fees apply. Your credit rating may be affected.
Free debt counselling, debt adjusting and providing of credit information services is available to customers by contacting MoneyHelper.