A ratchet strap apparatus includes a tensioning strap adapted to be selectively tensioned and a cargo strap adapted to be secured to the apparatus using an inboard pin and an outboard pin and bending the cargo strap into a loop. In one embodiment, the outboard pin is secured to a side wall and an opening is provided between the outboard pin and another side wall whereby the outboard pin may be inserted into a cargo strap loop. In another embodiment, the outboard pin is slidingly received through a hole in one side wall and is selectively unseated from a saddle on the other side wall for insertion into the cargo strap loop. In yet another embodiment, the outboard pin is secured between two side walls and the inboard pin is selectively removable from and seated on saddles in each of the walls whereby the inboard pin extends therebetween.