I purchased this belt for my boyfriend because he's on a diet and losing quite a bit of weight every few months. He loves this belt because he won't have to replace it for a while or punch new holes in it. There aren't any holes on the belt. You simply insert the metal rod into the weave anywhere on the belt that you want. It's stretchy, but not too stretchy. There's still a bit of resistance to it. It's high enough quality to wear to work, which my boyfriend does. My only complaint is that I bought his size and, with the stretch, it's a little too big on him. (He's got 8" or so of extra belt when he tightens it.) He's probably going to 'outgrow' this belt in another 10-20 pounds, which somewhat defeats the purpose. Next time, I'm going to buy a size below his actual waist measurement so that it'll last longer.