Buying a car is considered a status symbol by many. People often take loans to buy a car. Considering the benefits of prepaying car loans to save interest costs and get quick relief is a good option. When it comes to prepayment, we often think of home loans, but there are other loans too that you can prepay and improve your credit score. Premature repayment of such loans helps you reduce your burden and frees you up for higher investment opportunities. People pay instalments for months for the car purchased on loan. If you adopt some smart ways to pay the monthly instalment, the car loan can end quickly. Read here some smart tips to get rid of car loans.