So my husband and I have both signed up for debt management programs. It’s better than completely defaulting on out loans I suppose. We want to be honest and pay our debts, even if it does take a while. I signed up first, like in August. It will take about 5 years for me to pay off my debts at this rate. Imagine if I hadn’t signed up!! I think I have learned my lesson, though. While I’m on the program I don’t think I am allowed to take on any more debt, which is a great thing. And add to that my spending habits are definitely changed. I’ve been forced to change them. I talk myself and others out of buying things that aren’t really necessary. I have a feeling this may backfire on my a bit, because when we do finally get ourselves together financially, I may end up leaning towards being a penny pincher.