Claims management company Ratio Money has reduced the cost of its unfair credit agreement audits to £99.

The Cheshire-based firm has also reduced the time it takes to complete the audit. Customers who have a copy of their credit agreement at hand, could have feedback within two days and all others will be completed within two weeks.

Ratio Money has the capacity to handle up to 3,000 audits per month. The company will immediately refer eligible claims to its national panel of solicitors and customers will receive 100% of any settlement.

Ratio Money’s managing director, Matthew Porteus, said: “People are suffering hardship and stress from unfair credit agreements and substantial overcharging by the banks – it’s a case of daylight robbery.