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loose belt on tx335 sportcraft?

After about 1 year usage of tx335 sportcraft treadmill the belt started slipping. We have followed directions to tighten and lubricate but still slips especially when someone weighing more than myself (120 lbs) goes at higher speeds. Is there a way to inexpensively repair it or should I just junk it?
D Brown, August 2010
where did ypu add oil and what kind?

PATRICK, October 2010
link Click here to see other fixes for Sportcraft.