Is there a way to reduce driver's license demerit points?

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I lent a fairly large sum to a friend in the past, but they kept delaying citing being busy, and I still haven't received it. Thinking about it, 7-8 years have already passed. If a certain time passes, will I be unable to recover the money? I'm wondering if there's a statute of limitations on claims, and what happens after it passes.

driver's license demerit points

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作者: 박동일

Driver's license demerit points can be reduced through education, etc., if certain requirements are met.

Driver's license demerit points imposed do not necessarily remain as they are, and you can reduce demerit points by utilizing the methods stipulated by law.

The methods to reduce demerit points can be confirmed as follows.

(1) Special traffic safety education (demerit point reduction education)

If your driver's license demerit points are less than 40 points, completing demerit point reduction education among special traffic safety recommended education can reduce up to 20 points.

However, after completing the education, you must submit the certificate of completion to actually reflect the reduction.

(2) Reduction through education during license suspension

Even when you have already received license suspension due to driver's license demerit points, reduction is possible through education.

Completing the law compliance education can reduce the suspension period by 20 days, and additionally completing field participation education can also enable an additional reduction of up to 30 days.

(3) Maintaining no-violation, no-accident period

Driver's license demerit points have a structure where points are deducted if there are no violations or accidents for a certain period.

In other words, continuously maintaining safe driving naturally reduces demerit points.

(4) Reduction by accident type

In the case of traffic accidents, demerit points may be partially reduced if the victim's negligence is clear or in the case of mutual negligence.

For example, in case of mutual negligence, demerit points may be reduced by half.

In addition, since driver's license demerit points lead to license suspension when accumulated to 40 points or more, demerit point management is very important.

In conclusion, driver's license demerit points can be reduced through education completion, no-accident maintenance, and accident type, so it is important to review reduction methods based on the current demerit point level and status.