HELC meaning in General ?

Answer: What is Home Equity Line of Credit mean?

A home equity line of credit, or HELOC ( HEE-lok), is a loan in which the lender agrees to lend a maximum amount within an agreed period (called a term), where the collateral is the borrower's equity in their house (akin to a second mortgage). Because a home often is a consumer's most valuable asset, many homeowners use home equity credit lines only for major items, such as education, home improvements, or medical bills, and choose not to use them for day-to-day expenses. HELOC abuse is often cited as one cause of the subprime mortgage crisis.

reference

Full Form	Category
Health Ethics and Law Consulting	Business
Highly Erodible Land Conservation	Community
Hopkins Early Learning Center	Community
Houston Early Learning Center	Community
Hastings Electronic Learning Center	Community
Higher Education Licensure Commission	General
Home Equity Line of Credit	General