Abstract: A cord retaining device consisting of a T-shaped housing with three legs. Through holes extend through each leg with two of the holes in two legs being aligned with each other. The third or other leg's through hole intersects with the two aligned holes. At the third leg there are two opposite cord retaining grooves that open upwardly and taper downwardly. A bottom slot extends along the length of the two aligned legs and has an enlarged mid portion. By placing a cord having a diameter slightly greater than the diameter of the two aligned housing through holes, such as a bungee cord, through the bottom slot and pulling a mid portion of the cord into the third leg, a loop may be formed by the pulled portion. Lower portions of this formed loop may be inserted into the cord retaining grooves to fix the cord therein. A second bungee cord may also be used with the first bungee cord and housing.