Indigo Michael enters administration

High-cost short-term specialist lender, Indigo Michael trading as Tappily and SafetyNet has entered administration. Joseph O’Connor, Clare Kennedy and Simon Appell of AlixPartners UK LLP have been appointed Joint Administrators.  Indigo Michael employs roughly 250 people and has about 150,000 active customers. The company is a high-cost lender which provides customers with running account credit…

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