Should you lend to a friend? My answer is yes and no. There is 2 angles to look at when I answer this question, both positive and negative. It will depend on which angle you are looking at to answer this question.
I will start on the negative part first. But sometimes, you may find that your friend might be just using you. When you mix with a company of bad friends, they will tend to ask you to help them on some bad things that will lead you into trouble. Like for example, if your "bad" company of friends wants you to help them steal things, it is also a form of "helping" them but this will lead you into deep trouble if you are caught stealing. Sometimes, you friends take you for granted and always repeatedly ask you to help them. They use you to help them do things but they say that this is called "helping" them. We should know this clearly ourselves, whether we are helping them, or being used by them.
There is also a positive part about lending to a friend. When your friends have difficultities or they are in trouble whatsoever, this would be a right time to lend your helping hand to them. For example, if your friends are weak in a particular subject and you know that you can help, you should try your best in helping your friend by tutoring or something that can help him or her. This would be the best thing you could do for your friend too. This can also mean being helpful to your friends! This is a kind act of generiosity and you should be proud of it too. And this is not being used by your friends, but helping your friends who are in need of help!
Long enough? Cannot think already :D
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