RED ROCK, Okla., April 14, 2015 /PRNewswire/ -- April is National Financial Literacy Month (NFLM) and the Otoe-Missouria Consumer Finance Commission is joining with regulators and consumer advocates across the country to raise awareness about the importance of achieving and maintaining financial wellness.
"We believe that when consumers have more information about how to protect their financial health that they will make better and more informed decisions for themselves and their families," said Eugene Big Soldier, Executive Director of the Otoe-Missouria Consumer Finance Commission. "Better financial education helps ensure our customers have a positive experience with the financial products offered by our tribal lending services."
A survey conducted by the National Foundation for Credit Counseling confirms that the need for financial education is now stronger than ever. The 2014 survey revealed that 61 percent of U.S. adults admit to not having a budget, even though budgeting is considered a fundamental part of financial stability.
The Otoe-Missouria Consumer Finance Services Regulatory Commission charters, supervises and regulates Otoe-Missouria tribal and non-tribal individuals, firms, companies, associations and other businesses providing consumer financial services within Otoe-Missouria tribal territories and/or with Otoe-Missouria tribal members and/or chartered Otoe-Missouria corporations. For more information, go to omcfsrc.com.
Public Information Officer
(580) 723-4466 ext. 217
SOURCE Otoe-Missouria Consumer Finance Services Regulatory Commission