First, let me say, I LOVE QUILTING. I understand, and live, the obsession.
But, you are an adult, with adult responsibilities. Part of that includes paying the bills. Other people depend on you to pay your bills. It's not all about you (sorry!). And having that debt over your head will not allow you enjoy that new machine.
Go look up a guy named Dave Ramsey. Getting you out of debt is his expertise. You can find him on radio stations all over, or you can listen to him online. He also has a book called "Total Money Makeover". If you go to his website DAVERAMSEY.COM all of his financial tools are currently only $10.00.
It will change your life.