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By moving the slider towards the left you are choosing the smallest loan term possible. By moving the slider towards the right you are choosing the longest loan term possible. Your portfolio Autoinvest will be purchasing loans of all terms falling into this range.

For example, if you set the range from 90 to 180 days, your money can be invested in loans of 90, 105, 137, and 180 days, and all the others that fall within this range.