7 In Him we have redemption through His blood, the forgiveness of sins, according to the riches of His grace
through His blood,
The words “through His blood” explain, “in Him we have redemption.” Blood is the means whereby God redeems. “Blood” is the way God achieved redemption (Re 5:9-12). It conveys the sacrificial death of Christ for our sins. It is the price Christ paid for our redemption. The idea of shedding Christ’s blood conveys the wonderful idea that Jesus took our place for the suffering of sin. He took our hell that we might have His heaven. He substituted His physical death for our eternal death in hell.
Jesus purchased our redemption (Ac 20:28; 1 Co 6:19-20; 2Pe 2:1). He paid the ransom for our sin (Mark 10:45; 1 Ti 2:5,6). The blood of Jesus represents the cross or the death of Christ for our sin. He paid the full price for our sins (Eph 2:13; Co 1:20; 1 Pe 1:18,19).
The price of our redemption is the blood or death of Christ.
God redeems us through the merits of Jesus’ death for our sins. Both personal sins and our sin capacity hold us in bondage to sin. The Lord Jesus went to the slave market of sin and paid the purchase price for sinners—His own death, His blood. The cost was enormous—separation from God by spiritual death.
People do not go to hell because they are sinners but because they reject the One who paid for their sins (Re 5:8-10).
He 9:22, And according to the law almost all things are purified with blood, and without shedding of blood there is no remission.
We do not have to plead with God to take away our sins. Our sins have already been taken away, whether we are Christian or not. The issue is whether or not we believe that Jesus has paid the price for our sins.
Ro 3:24, being justified freely by His grace through the redemption that is in Christ Jesus,
Ga 3:13, Christ has redeemed us from the curse of the law, having become a curse for us (for it is written, “Cursed is everyone who hangs on a tree”),
He 9:12, Not with the blood of goats and calves, but with His own blood He entered the Most Holy Place once for all, having obtained eternal redemption.
1 Pe 1:18-19, 18 knowing that you were not redeemed with corruptible things, like silver or gold, from your aimless conduct received by tradition from your fathers,19 but with the precious blood of Christ, as of a lamb without blemish and without spot.
We cannot make too much of the fact that Jesus shed His blood for our sins. He is worthy of our praise because He has freely given a blanket pardon to anyone who trusts His blood for eternal life.