If you have loose skin, you have loose skin. Women are constantly wearing clothing to camouflage their imperfections. Black to make them seem smaller. Vertical stripes instead of horizontal. Sleeves to cover their "bye bye arms" (picture grandma waving goodbye and the upper arm waving along with her hand).

Most people who are dieting aren't happy with their bodies--they wouldn't be dieting otherwise. Will you be any less happy with a little bit of loose skin that you are being heavy?