151 "At the end of every seventh year you must cancel the debts of everyone who owes you money. 2 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 Lord 's time of release has arrived. 3 This release from debt, however, applies only to your fellow Israelites-not to the foreigners living among you. 4 "There should be no poor among you, for the Lord your God will greatly bless you in the land he is giving you as a special possession. 5 You will receive this blessing if you are careful to obey all the commands of the Lord your God that I am giving you today. 6 The Lord 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.
7 "But if there are any poor Israelites in your towns when you arrive in the land the Lord your God is giving you, do not be hard-hearted or tightfisted toward them. 8 Instead, be generous and lend them whatever they need. 9 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 Lord, you will be considered guilty of sin. 10 Give generously to the poor, not grudgingly, for the Lord your God will bless you in everything you do.
Matthew Henry's Commentary on Deuteronomy 15:1-10
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.