1-2. Every seven years you must announce, “The Lord says loans do not need to be paid back.” Then if you have loaned money to another Israelite, you can no longer ask for payment.
3. This law applies only to loans you have made to other Israelites. Foreigners will still have to pay back what you have loaned them.
4-6. No one in Israel should ever be poor. The Lord your God is giving you this land, and he has promised to make you very successful, if you obey his laws and teachings that I'm giving you today. You will lend money to many nations, but you won't have to borrow. You will rule many nations, but they won't rule you.
7. After the Lord your God gives land to each of you, there may be poor Israelites in the town where you live. If there are, then don't be mean and selfish with your money.
8. Instead, be kind and lend them what they need.