A term length is the amount of time you have to pay back the loan. In your case, you can choose if you want one that is short, long or just right!
Celsius' standard loan agreement is structured for a 6, 12, 18, 24, 30 or 36-month term. You will find these options available when applying for a Celsius loan, under the section "Borrow $" on the app.
Even though this is Celsius' standard term length on loans, that doesn't mean that there aren't other alternatives. Of course there are! For example, there is always an option to renew and extend your loan if you want to, and there is no penalty for terminating/repaying your loan early. No fees, no penalties.
To find out more, check out our "Borrow" section on the Celsius website.
If you don't have a wallet yet, you can follow our guide on how to set up your Celsius wallet.
If you need any additional help or have any further questions, feel free to contact us at loans@celsius.network. We are happy to help!