Since personal loans are repaid within a few days, to at most, a year, most lenders will give the loans without any form of collateral. Should the lender require any form of collateral, the item used will be one of low value. In some cases the lender may ask you to provide a guarantor for the loan. Most people put up their vehicles as security, should the lender require it.
Don't ruin your trust from the payday lenders because once you messed up your credit with any payday lenders, you will not be able to borrow fund from any of those payday lenders any more. You can borrow anytime as long as you are good in paying them back. You can take advantage of any of those payday lenders and they will be glad to provide you the emergency loans as well. That is what their in the business for is to lend you the money.