151 At the end of every seventh year, cancel all debts. 2 This is the procedure: Everyone who has lent money to a neighbor writes it off. You must not press your neighbor or his brother for payment: All-Debts-Are-Canceled - God says so. 3 You may collect payment from foreigners, but whatever you have lent to your fellow Israelite you must write off. 4 There must be no poor people among you because God is going to bless you lavishly in this land that God, your God, is giving you as an inheritance, your very own land. 5 But only if you listen obediently to the Voice of God, your God, diligently observing every commandment that I command you today. 6 Oh yes - God, your God, will bless you just as he promised. You will lend to many nations but won't borrow from any; you'll rule over many nations but none will rule over you.
Matthew Henry's Commentary on Deuteronomy 15:1-6
Commentary on Deuteronomy 15:1-11
(Read Deuteronomy 15:1-11)
This year of release typified the grace of the gospel, in which is proclaimed the acceptable year of the Lord; and by which we obtain the release of our debts, that is, the pardon of our sins. The law is spiritual, and lays restraints upon the thoughts of the heart. We mistake, if we think thoughts are free from God's knowledge and check. That is a wicked heart indeed, which raises evil thoughts from the good law of God, as theirs did, who, because God had obliged them to the charity of forgiving, denied the charity of giving. Those who would keep from the act of sin, must keep out of their minds the very thought of sin. It is a dreadful thing to have the cry of the poor justly against us. Grudge not a kindness to thy brother; distrust not the providence of God. What thou doest, do freely, for God loves a cheerful giver, 2 Corinthians 9:7.