A belt caddy utilizes a frame defining a traveler bar formed into an elongated rectangular loop bent in the center to create a pair of parallel, V-shaped portions the arms of which mount the eyelets of hanging hooks which ride on the traveler bar, the traveler being suspended over its center, above the two vertices of the V-shaped members, so that belts hooked on the hanging hooks will slide down on the traveler bar, centrally of the unit and be suspended beneath the hook, aligned with the center of gravity of the device so that it will not tend to skewer to one side due to the moment arm caused by the addition of a belt.