Has anyone stripped their side post battery terminals?

[Vortec Stroker]

I think I may have stripped the inside threads of my red top. Is there any way to fix this and still have a good connection? I will add a washer tomorrow and see if taking some slack out helps, but if not I want to know what the best solution is. Thanks!

[Louisiana_CRX]

add some loctite to the threads...use the blue