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    Broker vs Banker Thread [Split from $100K passive income thread]

    Well that is true Spectre but most people who transition from banker to broker find it difficult as the first few years are always tough - and those who can't hack it go back to PAYG.
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    Broker vs Banker Thread [Split from $100K passive income thread]

    All the bad stories I've seen/heard have been due to x-coll. NAB and CBA being the big culprits....but it can happen with any lender.
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    Broker vs Banker Thread [Split from $100K passive income thread]

    That's not true - CBA amortises other banks' debts over 25 years at the current rate - not the actual repayment.
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    Broker vs Banker Thread [Split from $100K passive income thread]

    Well Brady, the simple fact is that most brokers and bankers cross collateralise.
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