Andras asked:


Well, the question is pretty straightforward. I know the credit takes a dive, but does it also mean that for 5-7 years (or forever) there will be a permanent blemish on my credit?
Thank you.
Thank you for the answers. The problem is I cannot continue paying, otherwise I would not be thinking about it. I lost my job in the US, and presently am enrolled in a graduate school working on my PhD in England… The stipend is not exactly high. So I really have limited options.

Ann

Peter asked:


I am currently a Freshman at the University of Illinois at Chicago. I am majoring in Biochemistry and I want to take General college chemistry and Calculus II over the summer at a community college. Are these two classes too much for the summer? I will not have a job I will just be concentrating on my studies. At the university I go to I usually take between 16-17 credit hours a semester. These two classes will probably be 10 credit hours. Is 10 credit hours too much for the summer at a community college?

Tina

Siana asked:


I have tried applying for credit cards but they won’t give me credit for lack of credit. How can I go about getting a good credit score? (Besides loan companies. Already trying that.)
I really don’t earn much at my job and I would like to get a JC Penny card or something like that for clothes.

Annie