If you're poor, yes. People who have been hollowed out by capitalism have the fundamentalist Christian belief of "bad things are bad because God says so, and it's only God's say-so that makes something good or bad." Except god and the market are one and the same. Punishment by the market in the form of debt that you can't pay back is deserved by definition, for your hubris of trying to rise above your natural place. They don't consciously think of it in those terms, but it's absolutely the unexamined core of their beliefs.

This is is why they seem like they're getting "is and ought" confused all the time, conflating strategic decisions with moral ones, because if you derive your morality from market success, there is no discernable difference.