scams
Today the FTC
lodged a contempt charge against scammy no-credit-needed electronics seller
BlueHippo, saying that the company hasn't honored its prior agreement to stop scamming customers. BlueHippo agreed to pay back
$3.5 million nearly two years ago to reimburse customers who never received the computers they pre-paid for, but the FTC says since then the company has sucked another $15 million out of customers.
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lawsuits
BlueHippo, the scammy "no credit check" computer seller accused in several states of taking money from customers without providing the computers and other electronics it supposedly sells, has settled with the
FTC for $5 million. They did not admit wrongdoing.
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scams
Blue Hippo, the notoriously scammy computer layaway service, has annoyed
Florida's attorney general.
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lawsuits
Blue Hippo is one of those
"no credit check" computer-buying companies. The basic idea is that you start making payments to Blue Hippo in order to "establish your credit history," then, after 9 weeks, they send you a computer. You continue to make payments on the computer for a year, after which it is yours.
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Consumerist
