Is the Varo Personal Loan secured or unsecured? The Varo Personal Loan is an unsecured loan. This means that you do not need to provide collateral for the loan. Related articles What are Varo's Personal Loan Rates? What is the minimum and maximum I can borrow? Varo Referral Program FAQ Does Varo allow co-signers on Personal Loans? How is a Varo Personal Loan different from credit card debt?