I have 28 credits at the moment, and I'm doubtful I'll be able to pass Psyc 101 as I attended probably 4 lectures

though I do have all the notes but I have no motivation to study for it at all. Because cognitive systems

there was no space in any other courses which fit my timetable so I had no choice but to take this.
Consequences of failing a course in first term? Simply take an extra course in 2nd term or over the summer to make up for the loss of 3 credits? Or are there further complications which will affect me being able to move onto next year?
EDIT: don't plan on majoring in science at all, and I have a high average from all my other courses, so whether or not I really need to pass this class is questionable. Wondering if failing one course will really do much other than make you lose three credits.
I have a final the day before that actually counts, and I'd like to dedicate as much time to the course that actually counts instead of one that doesn't.