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October 28, 2008

Tennessee AG Sues BlueHippo

bluehippo2.jpg Seriously. How many complaints from consumers need to be filed before the authorities shut down a troubled business?

We told you in February that the Federal Trade Commission reached a settlement with BlueHippo over allegations that it took consumers' money without providing the electronics purchased. BlueHippo didn’t admit to doing anything wrong, but agreed to pay $3.5 million to possibly $5 million to burned consumers. Then in May, I told you that complaints are still pouring in to Better Business Bureaus and AG Offices around the country about BlueHippo.

Today, the Associated Press tells us that the Tennessee attorney general's office has filed a lawsuit against BlueHippo for (again) claims that the computer sales company unlawfully took $2.6 million from at least 4,500 Tennesseans.

According to the story in The Tennessean , the lawsuit says the Baltimore-based company advertised on national TV to target households with poor credit making less than $25,000 annually and sell them computers through layaway or finance plans. As with the thousands of complaints that have been filed, Tennessee's lawsuit says BlueHippo mislead consumers about when they would receive their computers by mail and refused to refund the upfront payments customers made.

The lawsuit filed Oct. 23 says the upfront payment costs consumers two to three times more than what licensed retailers charge for the same product. It also says BlueHippo does not have a state lender license.

Again, I say, same old same old... When will it end?

Comments

I was ripped off by bluehippo. They told me I will receive my computer afta 3 consecutive payments to them. But I was late one time and then they said I couldn't receive them until I make 8 more consecutive payments that was redicolous they still have 396 dollars of mine and they refuse to give it back. Please help me

how do i get iin on the class action law suit in tennessee? blue hippo has also misled me and caused me some financial difficulties because of their unlawful practices.

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