Varo Advance is a small-dollar line of credit, which must be repaid. It gives you access to extra cash when you need it, without having to overdraw your account.
Think of an Advance as a way to stretch your paycheck to help you cover unexpected expenses without high interest rates or credit checks.
You start at $20 and over time, you may gradually qualify for higher amounts up to $250 (based on your Advance repayment history, qualifying direct deposits, and any other qualifications) so that you have flexibility in your budget. Reaching the higher limits can take time.
Getting an Advance won't impact your credit as there is no credit check and there are no late fees or penalty fees.