She saved money every month and made do. She had her home, and her work. She apparently had a happy life. The loan officer came back with a perplexed look on his face. He asked her why she needed a loan, when she had over one hundred thousand dollars in her savings.
Lets play a little game.
It's only fair, for our little game, that you also put yourself in her circumstances. Your house is paid for, no big bills, and you just have a roof that needs repair. Ok, everybody stop. Here's what she did. She took out enough money to make the repairs she needed to her house, and gave the rest, thousands of dollars, to a college, to set up a scholarship fund.