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Text and translation
English translation
2418. It was narrated from Buraidah Al-Aslami that the Prophet ﷺ said: "Whoever gives respite to one in difficulty, he will have (the reward of) an act of charity for each day. Whoever gives him respite after payment becomes due, will have (the reward of) an act of charity equal to (the amount of the loan) for each day." (Sahih)
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Commentary
a. Giving respite means to fix a reasonable time for the repayment that is suitable and easy for the debtor to pay back the debt.
b. After the expiry of the determined time, instead of pressing for repayment, giving more time is a good deed and brings reward from Allâh ﷻ.