Proposal letter for settlement

Would the experts/experienced mind commenting on these letters?
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VERSION I: Lender not licensed and they owe me money.

Dear Payday Loan Lender,

This letter is a proposal for settlement of my payday loan account with “paydayloan company”. My loan number is 00000000. Please note the following:

i) I am working with a financial counselor to settle this matter.
ii) I am aware that your company is not licensed to make loans in the United States.
iii) I am aware that my legal obligation is to pay off the principal on my original loan and nothing more.

As I have paid your company $zzz.zz and the original loan amount is for $yyy.yy, your company legally owes me the difference; zzz.zz-yyy.yy = $ppp.pp.

Here is my proposal to settle this matter: Mail a check, made out in my name, to my address, in the amount $ppp.pp. Please include a statement indicating that I have paid my loan in full.

I request that you deal with me through US Mail and e-mail only. If any representative of your company calls my place of employment or contacts, I will follow up with a lawsuit as that is harassment. Bear in mind that your loan is illegal.

Sincerely,

Screwed-no-Longer

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VERSION II: Lender not licensed and I owe them money.

Dear Payday Loan Lender,

This letter is a proposal for settlement of my payday loan account with “paydayloan company”. My loan number is 00000000. Please note the following:

i) I am working with a financial counselor to settle this matter.
ii) I am aware that your company is not licensed to make loans in the United States.
iii) I am aware that my legal obligation is to pay off the principal on my original loan and nothing more.

As I have paid your company $zzz.zz and the original loan amount is for $yyy.yy. Therefore my obligation to you is the difference; yyy.yy-zzz.zz = $ppp.pp.

Here is my proposal to settle this matter: I will pay the balance in X installments, in the following amounts, and on the following dates:

PAYMENT 1
PAYMENT 2
.
.
.
PAYMENT X

I request that you deal with me through US Mail and e-mail only. If any representative of your company calls my place of employment or contacts, I will follow up with a lawsuit as that is harassment. Bear in mind that your loan is illegal.

Sincerely,

Screwed-no-Longer