Debt relief offered to Gauteng motorists with R3 000 in licence penalties

0 Gauteng motorists owing R3 000 or more have a chance to ease their debt pain. Image: Pexels Home » Motoring » Debt relief offered to Gauteng motorists with R3 000 in licence penalties

Gauteng’s Roads and Transport Department throws a lifeline to motorists owing over R 3 000 in motor vehicle licence penalties and arrears.

0 Gauteng motorists owing R3 000 or more have a chance to ease their debt pain. Image: Pexels The Gauteng Roads and Transport Department is offering some measure of relief to motorists who owe more than R 3 000 in motor vehicle licence penalties and arrears in the province.

This relief comes in the form of a debt management arrangement, one that allows individuals or businesses to clear their debt over time rather than all at once.

As part of this debt management arrangement, says the department, you can gradually pay off your balance.

To enter into the agreement, you will need to meet certain requirements. For individuals, you must:

Ensure that you have the following documents in your possession:

For businesses, the same requirements apply, though the documentation differs slightly. You will need to provide:

For motorists in Gauteng, this is a good way to reduce your debt balance without buckling under financial strain.

Are you one of the affected motorists who’s considering entering into this debt management arrangement? Let us know in the comments below!

0 comments WIN R250 every day in The South African’s Festive Quiz. Good luck!