What if I’m late in making a payment? Late fees and grace periods vary by state. To view the fees associated with your state, please visit https://www.varomoney.com/licenses/ Related articles What are the main benefits of a Varo Personal Loan? Can I set up autopay for my Varo Personal Loan? Once I submit my application, how long will it take to receive a decision? The monthly payment amount in the Varo app is lower than the monthly payment amount in the document that I signed. Which one is correct? What are your fees?