If you decide to have a debt consolidation and you closely respect its principles, you will definitely regain your self respect.  Moreover, Debt Consolidation helps you become a responsible and respectable person.  The main idea is that you concentrate all your older loans into one single loan that will carry a lower interest rate.  Try to repay your expensive loans, it will be a huge mistake to extend them.  Rolling over these loans “helps” you become bankrupted in a very short time.  You do not want this to happen.  Make even the impossible to respect the repayment terms.  This is the last chance you have to become a debt free person in the future.