What does God have to say about the impact of all this debt on His people? He tells us in Proverbs 22:7b” “The borrower becomes the lender’s slave.” Debt makes you a slave to your lender. In the Old Testament world if you couldn’t pay your debt on time you became the slave of the lender until you worked off your obligations. In our day, if you borrow money you become the lender’s slave by giving much or most of your income back to the lender.