Found this on Moldy Chum. The company did not admit any wrongdoing.
The World’s Foremost Outfitter’s banking division, the World’s Foremost Bank, has been systematically cheating their credit card customers. As a result Cabela’s has agreed to pay nearly back $10.4 million and reform its credit card practices as part of a settlement with the fed credit watchdog.
So why did Cabela’s have to return more than 10 million to their credit card customers?
Another reason to support your local specialty retailer.
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