Credit Schoool Home : Dictionary of Credit School Terms: H

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z HEAL loans (Health Education Assistance Loans) Loans that are available to graduate health professions students. HEAL Relief A consolidation plan specifically for HEAL borrowers. HEAL Rewards A program from Sallie Mae that rewards HEAL Relief (HEAL consolidation loan) borrowers who pay on time with an interest rate reduction on their loans. History of late payment A negative entry to your credit report lists a history of late payments. A late payment is recording made to your merchant trade line account when payment is received after the due-date grace period. Holder The institution that owns a loan. Home Equity Line of Credit A form of open-ended credit in which the home serves as collateral. HPSL loans (Health Professions Student Loans) are relatively low-interest loans for graduate health professions students with exceptional financial need.