“At the end of every seventh year you must cancel the debts of everyone who owes you money.
This is how it must be done. Everyone must cancel the loans they have made to their fellow Israelites. They must not demand payment from their neighbors or relatives, for the ’s time of release has arrived.
This release from debt, however, applies only to your fellow Israelites—not to the foreigners living among you.
“There should be no poor among you, for the your God will greatly bless you in the land he is giving you as a special possession.
You will receive this blessing if you are careful to obey all the commands of the your God that I am giving you today.
The your God will bless you as he has promised. You will lend money to many nations but will never need to borrow. You will rule many nations, but they will not rule over you.
“But if there are any poor Israelites in your towns when you arrive in the land the your God is giving you, do not be hard-hearted or tightfisted toward them.
Instead, be generous and lend them whatever they need.
Do not be mean-spirited and refuse someone a loan because the year for canceling debts is close at hand. If you refuse to make the loan and the needy person cries out to the , you will be considered guilty of sin.