What does Proverbs 22:7 mean?

Many proverbs are framed in two parts, each meant to explain the other. In this case, Solomon notes that when someone takes a loan, the lender "rules" over them, much as a master would over a slave. Other proverbs noted the dangers of going into debt or attaching oneself to borrowing (Proverbs 6:1–3; 11:15).

Another application of this statement is a reminder of common sense in a business relationship. Generally, employers have more money than their employees. They make the rules, and wise employees follow them. If an employee wants to earn a living, he will be a diligent, obedient employee. If he chafes under his employer's rules, he will likely find himself without a paycheck and in the unemployment office (Proverbs 19:12; 20:2).

It is not God's will for his people to be slaves to others. Our will should belong entirely to the Lord. Even Christian slaves in New Testament times were to work as unto the Lord. He was to be their supreme Master. Colossians 3:22–23 addresses slaves with these instructions: "Obey in everything those who are your earthly masters, not by way of eye-service, as people-pleasers, but with sincerity of heart, fearing the Lord. Whatever you do, work heartily, as for the Lord and not for men."