The LIBOR is a benchmark index, also known as a reference rate, that is commonly used in millions of adjustable rate mortgages, home equity lines of credit (HELOCs), and student loans. Although it is still widely used, the index will no longer be available in its current form after June 30, 2023 and will cease to exist entirely on September 30, 2024. That means creditors and servicers will need to find and implement a replacement index for every contract still using the LIBOR at that time. This change should not require consumers to take any action. But they will be notified of the change, and they should be alert for potential errors. This report describes issues facing consumers and industry in the United States as well as legislative and regulatory changes adopted to prepare for the end of the LIBOR.