It follows you like an albatross around your neck. (The rime of the ancient mariner reference)

I have a co-worker and his wife who did it. They wanted to buy a house 6 years later and got raped on the interest. that and their cars. If you have one on your credit better buy your cars with cash or you will have a 21.9% APR

Difficult decision. In my limited knowledge I agree with apbt, last resort.