(6) باب فَضْلِ إِنْظَارِ الْمُعْسِرِ
Hudhaifa (Allah be pleased with him) reported Allah's Apostle (ﷺ) as saying:
A person died and he entered Paradise. It was said to him What (act) did you do? (Either he recalled it himself or he was made to recall), he said I used to enter into transactions with people and I gave respite to the insolvent and did not show any strictness in case of accepting a coin or demanding cash payment. (For these acts of his) he was granted pardon. Abu Mas'ud said: I heard this from Allah's Messenger (ﷺ).
Reference: Sahih Muslim 1560 c
In-book reference: Book 22, Hadith 34
USC-MSA web (English) reference(deprecated numbering scheme): Book 10, Hadith 3790