Cordray sues to shut down BlueHippo’s unfair practices

(COLUMBUS, Ohio)—Ohio Attorney General Richard Cordray filed a lawsuit today against BlueHippo Funding, LLC and BlueHippo Capital, LLC (collectively BlueHippo) charging the joint companies have violated Ohioans’ consumer rights with the companies’ sale of home computers through layaway and credit sales agreements.

“BlueHippo targets and takes advantage of consumers who believe their credit isn’t good enough to obtain a computer in any other way,” Cordray said. “BlueHippo lures consumers into contracts that are unfairly one-sided in BlueHippo’s favor, while failing to disclose important terms and conditions...”