 TITLE: What Is Crypto Lending and How Does It Work? CONTENT: Alternatives to Crypto Loans\n----------------------------\nAs with any financial decision, it's a good idea to research and compare several options before you settle on one. That's especially the case with relatively risky decisions like using digital assets to secure a loan.\nHere are some potential alternatives to consider:\n*   **Sell your crypto.** If you don't have enough crypto holdings to meet minimum loan requirements or you need more than you're allowed to borrow, it may make sense to simply sell the digital assets you have to get the funds you want. Just keep in mind that there can be tax implications when you sell crypto.\n*   **Take out a** **personal loan****.** Personal loans can be more expensive than crypto loans, but the upside is that many are unsecured, and you'll typically get a longer repayment period.\n*   **Apply for a 0% intro APR credit card.** If you have good or excellent credit, you may be able to get approved for a credit card with an introductory 0% APR promotion. These deals allow you to make purchases and pay them off over 12, 15, 18 or even 20 months without interest. Just keep in mind that the card's potentially high ongoing interest rate will apply to any balance left over after the introductory period ends.\n*   **Ask family or friends for help.** Depending on your situation, you may be able to ask a family member or friend to help you with your financial issues. Be clear about the repayment agreement and make sure you stick to it to avoid damaging the relationship.\nWhatever you do, take your time to shop around and carefully mull over your options. Consider using Experian CreditMatch™ to compare personalized credit card and personal loan offers.\nAlso, make sure to avoid high-cost forms of financing like payday loans and auto title loans. While these can provide you with fast cash, they have incredibly short repayment terms and exorbitant interest rates. END