Noises from serpentine belts can be caused by them being loose or having insufficient tension from spring-loaded tensioner pulleys, but most commonly it's due to a pulley being turned or tipped, usually from a bad bearing. The noise is caused by the belt sliding across a pulley as it goes around it.
Do not put any kind of belt dressing, or "grease" on a serpentine belt. Dirt will stick to it and cause a lot more noise. The only fix for that is to discard the belt, scrub all of the pulleys with soap and water or an engine degreaser, then install a new belt.
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Saturday, January 11th, 2014 AT 3:47 PM