A mandatory binding arbitration clause in a car loan states you agree to resolve any disputes with an arbitrator rather than the courts. Most standard form purchase agreements include two alternative dispute resolution provisions: arbitration and mediation clauses.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. ; PO Box 15430; Fremont, CA 94539-7970. Signing an arbitration agreement may put the consumer at risk of having a disadvantage during arbitration. This Afterpay Installment Agreement "Agreement" includes the Final Payment Schedule that is sent after you complete your purchase with the merchant. Unless you are prepared to pay cash in one payment, you will sign an arbitration agreement to buy that car. The arbitration will take place in the county of your billing address unless otherwise agreed. Road Trip with Your Car on Auto Train.