The Sabbatic Year
It is interesting that God established a Sabbatic year; a year in which all debts would be forgiven. God promised that there would be no poor among the Israelites if they would only obey Him. Can you imagine loaning your friend something, even a large sum of money, and then forgiving that debt at the end of six years.
God knew what that would lead to. In Deuteronomy 15:9 He warns Israel “Beware there is no base thought in your heart, saying, ‘The seventh year, the year of remission is near’ and your eye is hostile toward you poor brother, and you give him nothing; then he may cry to the LORD against you, and it will be a sin in you.”
I think basically what God is saying is “Be generous, lend without thought of getting the object back. I will bless you so that you will lack in nothing.” I also think that is important for us today. We are to be generous. Everything we have belongs to God. We can’t keep it. But we can show people the love of God with everything that we possess. We are not under the law, but if we were, would we be more or less generous?