Asalamualaikum wrt wb,
All praise be to Allah.
I can mention two things that the scholars state:
1.) It is not permissible to pay interest, Ribaa, it is haram, and you should avoid this as much as possible, and you are not obligated to pay it, rather it is haram for you.
2.) Lenders should be easy going with the borrowers and grant them respite or forgive their loans if possible.
The Prophet, pbuh, would make the dua: Oh Allah, I seek refuge in you from being overcome by debts, and overpowered by men.
And Allah knows best.