Corrie star’s claims firm closes

Ratio Money, the claims management firm where Coronation Street actor Mike Le Vell’s worked as a director until recently has ceased trading.

Le Vell, who plays Kevin Webster in Coronation Street joined the firm in April 2009, but is listed on Companies House as leaving the firm on March 19.

Leonard Curtis Insolvency Practitioners is acting on behalf of the firm and it is not known yet what will happen to clients’ claims.

When Le Vell joined the firm last year he said that: “Thousands of people are suffering hardship and stress from unfair credit agreements and substantial overcharging by the banks. But help is now at hand.”

Ratio handled cases for consumers who had been mis-sold insurance, incurred excessive bank charges, been drawn into unfair credit agreements or received non-compliant mortgage offers.

Ratio Money is the latest claims firm to go bust.

Last month Cartel Client Review stopped trading and was later suspended by the Ministry of Justice.

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Readers' comments (7)

  • Lets hope it's not long before the rest of the parasites disappear including the latest 'ambulance chasing' concerning 'missold' mortgages.
    Because it's always someone elses thought isn't it Mr Customer?
    You really didn't want that money to waste on yet more needless items did you?
    Why not sue the advertsing companies next because they made you sepnd against your will?!!!

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  • Sue the advertising companies for making us spend our money - brilliant idea Paul, perhaps we should give that a go ! - although I would prefer to be able to sue the appropiate Politicians and Regulators for spending our money instead !

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  • I've been in this business for 40 years now and since the 1986 Act there has always been someone suggesting to consumers that they need never take any personal responsibility for their actions and decisions. I'm currently being bombarded personally with phone calls which, when answered, have a record message telling me to phone a number and have all my credit card debts written off. Does Coronation Street pay so badly that Mr La Vell has to supplement his income by getting involved with claims companies?

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  • I agree with Paul,
    the sooner these parasitic companies fail or better still get closed down the better. People should take personal responsibility for their actions. If you get sent information about credit cards etc. through the post, you don't have to take it up. Have people become real dummies or has the "victimhood" society we have created just incourage people to do things and blame someone else later?

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  • I agree with people taking personal responsibility, however, when the lenders screw people financially by increasing credit card interest rates or imposing huge charges when the customer is struggling financially, you can't blame people for wanting to fight back.
    If the banks had ever understood what "treating customers fairly" really means, there wouldn't be a claims industry because customers would feel valued and would not want to destroy their relationships with lenders.

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  • Can anyone give me any advice?

    I was on my way down to my local bank to reinstate my PPI on the loan they sold me (for which the nice Mr Le Vell got me £1.87 rebate) when I tripped over a paving slab and broke my ankle.

    I am a self employed trapeze artist and cannot work now. Who do you suggest I make the first claim against?

    A. The council for the dodgy slab?
    B. The bank for allowing me to cancel my PPI when they knew they had dodgy slabs outside
    C. The Daily Mirror - that is where I saw the advert for Ratio Money
    D. My Mother for giving birth to me
    E. God
    F. You
    G. Myself for being so clumsy

    I'm really confused now?!?!

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  • Mike, getting the same recordings, any advice?

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