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Some people those who  don’t like to take personal loan because of cons in the loan process in that case people can go to alternative loan like home loan emergency cash,loan against property or getting loan for mortage.  . This is nothing short of a gamble where you might lose out all the money that you invested. Short-term speculative investments are not a wise option to use your money for, especially in the instance if you are opting for a personal loan. Loan against property (LAP) is a good option that can provide you loan at a very low interest rates to the tune of 3-4 per cent lesser. The loan is available at a certain percentage of the property's market value, usually about 40-60 per cent. LAP interest rates are cash til payday cheaper by 3-4 per cent when  compared to personal loan rates.

You could also utilize the money from any investments you might have made so far, like shares, securities, fixed deposits, gold, insurance policies, etc. You can pledge these as collateral and obtain a loan against them. For instance, you can obtain a loan against the surrender value of your life insurance policy from the insurance company or  a bank or you  obtain a loan from your provident fund account , if you have had an employee provident fund account for more than five years of time . The interest rates would definitely be lower compared to these personal loan magnum cash advance interest rates. Before you decide to put a personal loan, check if any other alternatives options with lower interest rates are available. A personal loan may be easy to get, but does not necessarily be the best solution.