We've all heard the saying: "If it sounds too good to be true, it probably is." That's exactly what some people are saying about a company called Blue Hippo. Blue Hippo sells computers to people with less than perfect credit. The West Virginia Attorney General's Office filed a lawsuit against the company Monday. The suit claims that the company preys on poor people and that victims have lost thousands of dollars.
The company tells people that they can get a computer, regardless if their credit history, but in the end they are paying much more than they bargained for.
According to the Attorney General's office, the majority of people who've tried to do business with Blue Hippo have got nothing but grief and that what Blue Hippo doesn't' tell it's customers is that by agreeing to buy the computer, they're agreeing to let the company debit their checking account and that there is no return policy. Customers end up making weekly payments for a year and end up spending two thousand dollars on a computer that's worth only a few hundred.