Rancho Cucamonga Newswire
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Marketed as a fast way to access cash, merchant cash advances can help some entrepreneurs get out of a tough spot -- but consumer advocates and government officials say that too often, that's as an advance on a borrower's future sales. Typically, the borrower then pays back this balance -- plus a hefty premium -- through automatic deductions of their daily credit card or debit card sales Woodstock Institute, a nonprofit research organization, analyzed a number of merchant cash advances and found that borrowers often end up paying effective interest rates that can soar into the triple-digit percentages. Comment?
But that's how the Muslim student discovered she was identified in the latest edition of the yearbook at her Rancho Cucamonga, California, high school. Zehlif posted a photo of her yearbook photo to Twitter, saying only, "I guess I'm Isis in the yearbook ..." "I am extremely saddened, disgusted, hurt and embarrassed that the Los Osos High School yearbook was able to get away with this," she wrote on Facebook . Comment?
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