(Proverbs 26:24 KJV) He that hateth dissembleth with his lips, and layeth up deceit within him;
Lying is a form of hatred. I wonder if that might be one way to draw the line between what is becoming more socially acceptable in exaggeration and lies. The person who tells a tall story to entertain is not motivated by hatred. A person “roasting” or “bagging” is hopefully not motivated by hatred so it would not qualify as a lie.
In contrast some people say nothing when a good word is appropriate because their hatred makes it impossible to say anything good about a person. This is obviously not a compete description of lying but it is an element.
So? We are to love. I think it okay to hate sin but our basic motivation is in I Corinthians 13.