Abstract: The pliable, readily flattenable loop binder for retaining loose-leaf sheets has a mounting strip with an elongated spine, an adhesive on the back of the spine, and a removable liner over the adhesive. Paired transversely aligned loop-forming elements project outward from opposing longitudinal edges of the spine. Off one edge are pliable and readily bendable straps. Off the other edge are strap receivers. The strap of a pair is threaded through a punched hole of punched paper and drawn over the spine and then threaded through its receiver so that the back surface of the strap faces the back surface of the receiver. Each loop formed by a pair of loop-forming elements is teardrop in contour and is flattenable toward the front surface of the spine with a single folded bend in said strap. Locking structures on straps engage the receivers to resist shifting of straps in their receivers.