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 type of accounts are affected by London Interbank Offered Rate (LIBOR)?

Adjustable-Rate Mortgages, home equity line of credit (HELOC) accounts (including open-end reverse mortgages, open-end accounts such as credit cards, overdraft lines of credit, private student loans, and other closed-end accounts, such as auto loans and personal installment loans are affected by LIBOR.

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