Does a merchant need my authorization for each and every transaction?

So, I went to a dealership as a naïve and desperate woman. I thought the dealer was helping me out by committing bank fraud. He stated to the ban

So, I went to a dealership as a naïve and desperate woman.
I thought the dealer was helping me out by committing bank fraud. He stated to the bank that financed me that I put down a $2,000 cash deposit. I did not put down anything. Instead we made a verbal agreement that I would pay $300 on January 26th on my payday, and $1700 on February 5th, when I was expecting my financial aid check from school.

So the $300 went through, all was fine there.

But, on Feb 5th my FA was not processed yet, so they called to inform me that my $1700 charge was decline. I then made a verbal agreement with the secretary that I would call her when my financial aid went through.

Two days later, she leaves me a voicemail but I am out of town, so I don't get right to it. I log into my bank account to see a charge from this merchant for $500!! which was all of my money by the way...

So I called the bank and they said it looks like she charged (3) $500 charges and one $200 to see how much she could get through.

My question is, without a written agreement, can the merchant charge my debit card, outside of written and verbal agreement, at any time and for any amount as long as I am indebted to them? Which I technically am not because he claimed I paid in cash..

Anyways, ANY information of specific regulations and laws will be greatly appreciated. I have to wait for the payment to finish processing before I can dispute the transaction with bank of America, but I'm thinking without a written contract, I'll win. However I am taking the dealer to small claims for a multitude of reasons so If he broke another law In this specific situation, I will add it to the masses in court.

or:So, I went to a dealership as a na\u00efve and desperate woman. I thought the dealer was helping me out by committing bank fraud. He stated to the bank that financed me that I put down a $2,000 cash deposit. I did not put down anything. Instead we made a verbal agreement that I would pay $300 on January 26th on my payday, and $1700 on February 5th, when I was expecting my financial aid check from school. So the $300 went through, all was fine there. But, on Feb 5th my FA was not processed yet, so they called to inform me that my $1700 charge was decline. I then made a verbal agreement with the secretary that I would call her when my financial aid went through. Two days later, she leaves me a voicemail but I am out of town, so I don't get right to it. I log into my bank account to see a charge from this merchant for $500!! which was all of my money by the way... So I called the bank and they said it looks like she charged (3) $500 charges and one $200 to see how much she could get through. My question is, without a written agreement, can the merchant charge my debit card, outside of written and verbal agreement, at any time and for any amount as long as I am indebted to them? Which I technically am not because he claimed I paid in cash.. Anyways, ANY information of specific regulations and laws will be greatly appreciated. I have to wait for the payment to finish processing before I can dispute the transaction with bank of America, but I'm thinking without a written contract, I'll win. However I am taking the dealer to small claims for a multitude of reasons so If he broke another law In this specific situation, I will add it to the masses in court.

or:As you have already mentioned, I would wait and discuss this with your bank. The answer could differ based off of the situation, hopefully your's turns out well.

Tags:fraud,