Love has a lot to do with debt. We owe it to one another to love one another (Rm 13:8). Also, we love others by forgiving their debts of sin (Lk 11:4). Moreover, when we are in the debt of sin and even in debt financially, we are slaves (Rm 7:24; Prv 22:7) and have limited our ability and availability to express our love to others.
To pay our debt of love, we must get out of these other debts by forgiving, repenting, paying, and sacrificing. Jesus has gotten us out of eternal debt by His death on the cross. Therefore, we need not be in any debt other than the debt of gratitude and love which we owe to Him.
"We are debtors, then, my brothers — but not to the flesh" (Rm 8:12). Rather, we are debtors to the Lord. Because we have been forgiven such a great debt of sin (Mt 18:27), we should always be asking the question: "How shall I make a return to the Lord for all the good He has done for me?" (Ps 116:12)
Get rid of all debts except the debt of love. In love, constantly and forever pay your debt to the Lord and rejoice that you will never be able to pay it, for His love is everlasting and infinite.