AG Sues BlueHippo For Alleged Deceptive Claims - NewsChannel5.com | Nashville News, Weather & Sports

AG Sues BlueHippo For Alleged Deceptive Claims

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NASHVILLE, Tenn. - The Tennessee Attorney General's Office filed suit Monday against related BlueHippo for alleged deceptive claims to lure consumers.

The state alleges that the company and related businesses made false statements to convince consumers to use their financing services when purchasing computers and other electronics and failed to disclose the exact terms of the agreements.

The civil lawsuit was filed against BlueHippo Funding, LLC, a Maryland corporation; BlueHippo Capital, LLC, Virginia, a Virginia corporation; and BlueHippo Capital, LLC, Nevada, a Nevada corporation.

The lawsuit challenges the company's business practices and attempts to recover some of the money consumers may have lost.

"It looked like a great idea," said Cari Wilson, who wanted a computer for her children.

Through Blue Hippo, she agreed to make weekly payments for a computer in four to six weeks.

"So I just called them up," Wilson said.

Back surgery sidelined the Titans fan. Months later, she saw they were still taking money out of her account so she tried to back out of the deal.

When she called to cancel, the company claimed it didn't have any record of doing business with her.

"Even the bank gave them routing numbers and numbers they would have off of my bank statements couldn't find me," she said, adding that the company was "still doing it every time. I would have to go to bank and file against it every single week."

Tennessee Attorney General Bob Cooper said Wilson is one of many people affected in Tennessee.

At 4,500 Tennesseans were affected; many of whom were on fixed or limited incomes and had poor credit.

"We don't know that all of those transactions have become problematic, but our research shows a number of cases where consumers have been taken advantage of," Cooper said.

He said BlueHippo made promises it didn't keep such as holiday specials in which the company promised to deliver a product by Christmas.

Cooper said in some instances the company took payments but failed to deliver the product.

Wilson never received her computer, but she learned a lesson. She said if any offer sounds too good to be true, it probably is.

"I am thinking they are the most crooked company I have every come across," she said.

Representatives from BlueHippo could not be reached for comment. A hearing for the case is set for mid-November.

If you have purchased a product from BlueHippo and had a problem or complaint regarding your experience with these companies, please contact the Attorney General's Office at (615) 741-1671 or toll free within Tennessee at 1-877-275-7396.

The state is still trying to determine how many consumers across the state may have sent payments to BlueHippo. For more information on the lawsuit against Blue Hippo, visit the Tennessee Attorney General Web site then click on Office Information and Cases of Interest.

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