Lender Furthers Financial Literacy

In recognition of Financial Literacy Month and as part of its commitment to financial health and education, Churchill Mortgage announced a nationwide sweepstakes, which will give one lucky winner $5,000. Officially established in 2004, Financial Literacy Month is celebrated every April and is dedicated to teaching Americans how to establish and maintain healthy financial habits.

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Emphasizing the need for financial education, the National Financial Educators Council recently surveyed 2,409 people on what high school-level course would benefit them the most. An overwhelming 54 percent selected “Money Management (Personal Finance)”.

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“More than 30 percent of Americans have no cash reserves and are living paycheck-to-paycheck, while consumer debt is currently more than $2 trillion. This highlights the troubling discrepancy between what people are spending and saving,” said Mike Hardwick, president of Churchill Mortgage. “Financial Literacy Month highlights this issue and is a great opportunity for us to improve individuals’ financial situations by guiding them with the heart of a teacher and providing resources to help them achieve financial freedom.”

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Registration for Churchill Mortgage’s $5,000 giveaway is open until May 5 and available to U.S. residents 18 and older (excluding New York).

Founded in 1992, Churchill Mortgage operates with zero debt and focuses on providing borrowers with a personalized path to debt-free homeownership. The result is an educated borrower that chooses the right home and builds wealth over time through a smarter mortgage.

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