Skip to main content
U.S. flag

An official website of the United States government

Customer Assistance: 1-800-613-6743

Get Answers to Your Banking Questions

What do I need to know if I have a loan or line of credit based on London Interbank Offered Rate (LIBOR)?

If you have a loan or line of credit based on LIBOR, your bank or servicer may change to a different index. You should review your account agreement (or “contract”) and contact your bank or servicer directly if you have questions about any impact to your interest rate.

Last Reviewed: April 2021

Please note: The terms "bank" and "banks" used in these answers generally refer to national banks, federal savings associations, and federal branches or agencies of foreign banking organizations that are regulated by the Office of the Comptroller of the Currency (OCC). Find out if the OCC regulates your bank. Information provided on should not be construed as legal advice or a legal opinion of the OCC.

Still need help?

Contact Us