When will my first payment be due? Your first personal loan payment will be due one month after you sign your Varo Personal Loan Note. Related articles How will I get my statements for my Varo Personal Loan? Am I a good candidate for a Varo Personal Loan? How do you verify my bank account before sending my loan proceeds? What are Varo's Personal Loan Rates? Will making a large payment or additional payments change my monthly due amount?