Deuteronomy 15:2–9

²This is how to cancel debt: Every creditor ^wis to cancel what he has lent his neighbor. He is not to collect anything from his neighbor or brother, because the Lord’s release of debts has been proclaimed. ³You may collect something from a foreigner, but you must forgive whatever your brother owes you.

⁴“There will be no poor among you, however, because the Lord is certain to bless you in the land the Lord your God is giving you to possess as an inheritance ^x— ⁵if only you obey the Lord your God and are careful to follow every one of these commands I am giving you today. ⁶When the Lord your God blesses you as He has promised you, you will lend to many nations but not borrow; you will rule over many nations, but they will not rule over you.

Lending to the Poor

⁷“If there is a poor person among you, one of your brothers within any of your gates in the land the Lord your God is giving you, you must not be hardhearted or tightfisted toward your poor brother. ⁸Instead, you are to open your hand to him and freely loan him enough for whatever need he has. ⁹Be careful that there isn’t this wicked thought in your heart, ‘The seventh year, the year of canceling debts, is near,’ and you are stingy toward your poor brother and give him nothing. He will cry out to the Lord against you, and you will be guilty.