The Arbitrator(s) will review both sides and make a decision after review. It's a 3rd party separate form you and separate from the dealership.A mandatory binding arbitration clause in a car loan states you agree to resolve any disputes with an arbitrator rather than the courts. Arbitration is a process that involves using a neutral third-party to review the evidence in a lemon law case. Remember: Arizona does NOT have a "cooling off" period or three-day right to cancel a car sale. An arbitration agreement is a legally binding agreement that offers an alternate dispute resolution between two parties or more. Download Arizona Arbitration Agreement template, modify and send for signing using BoloForms Signature. Your payment schedule is: No. of Payments Amount of Payments. Please reference the Consumer Rules and the Consumer Due Process Protocol. Congress directed the Bureau to study these pre-dispute arbitration agreements in the Dodd-Frank Wall Street Reform and.