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AhadithCalamity of Debt

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إيّاكُمْ وَ الْدَّيْنَ فَإنَّهُ هَمٌّ بِاللَيْلِ، وَ ذُلٌ بِالنَّهارِ!”

The Holy Prophet of Islam (peace be upon him and his progeny) said

Avoid borrowing as far as you can, because it causes grief during the night and contempt during the day.

Source: Bihar al-Anwar, volume 103, page 14