1. One should not delay in settling his debts. It is reported in the Hadith that the debtor’s procrastination in settling his debts, despite him having the means to do so, is a form of oppression.
عن أبي هريرة رضي الله عنه، يقول: قال رسول الله صلى الله عليه وسلم: مطل الغني ظلم (صحيح البخاري، الرقم: 2400)
Hazrat Abu Hurayrah (Radhiyallahu Anhu) reports that Rasulullah (Sallallahu Alaihi Wasallam) said: “The delaying of a wealthy person in settling his debts is a form of oppression.”