Plain Green settlement

Hi,
I have been trying to sign up to the forum but am having trouble. Anyway I sent PGL a letter and here it is Dear Plain Green Loans,
It has come to my attention that payday loans are prohibited in my
state of Massachusetts. Therefore, the loan contract that I have with
you, according to my state???s laws, is not enforceable. Although I am
not required to do so, I am willing to repay the principal balance of
the loan. To date, I have received 1400.00 on 9/5/2012. and have made
2???renewal??? payments. One for 145.00 on 9/24/2012 and one for 140.46 on
10/5/2012 leaving a principal balance of 1,114.54 I am willing to
repay the 1,114.54 balance via credit card in 10 monthly installments
of 100.00 each and 1 final installment of 114.54 on 12/4/12 and every
month on the fourth until paid in full on 11/4/2013.
At this time I am revoking ACH authorization. You are no longer
authorized to withdraw payments from my checking account. I am also
revoking any wage assignment I may have signed. I have given a copy of
these revocations to both my bank and my employer. Any future attempts
to collect funds in this manner will be blocked.
Please contact me to set up payment arrangements as outlined above.
Thank You,
Heather
They sent me a reply with different terms and I don't know if I should accept it. they also added a few dollars in interest. Here is their response,
Please be advised that this communication is for the purpose of collecting a
debt. Any information obtained may be used to collect the debt. We may report
information about your account to credit bureaus. Late payments, missed
payments, or other defaults on your account may be reflected in your credit
report.
Dear Heather:
Your correspondence has been directed to me for review and I thank you for the
opportunity to assist you at this time.
We understand that all situations are different and would like to offer you the
opportunity to pay the remaining principal in the amount of $1,118.72. We will
settle your account for this amount in eight (8) installments of $139.84 payable
November 15, 2012 and monthly thereafter. .
To further clarity your questions regarding the legality of this loan, Plain
Green is organized under the laws of the Chippewa-Cree Tribe of the Rocky
Boy???s Indian Reservation of Montana (???Chippewa-Cree???). Plain
Green is owned by the Chippewa-Cree, and operates exclusively on land owned by
the Chippewa-Cree. As such, Plain Green stands as an ???Arm of the
Tribe,??? in the view of the United States state and federal courts.
Therefore, loans made by an arm of a sovereign Indian nation are not subject to
state law. This is NOT a payday loan.
This letter is written to help you understand that Plain Green and its loan
contracts are governed exclusively by the laws of the Chippewa-Cree.
Pursuant to your request, we have removed your contact numbers from our system
and we will make no further ACH debits from your account.
Please reply if you would like to accept this settlement and set up payment
arrangements .
Should I accept? Any info would help. Sorry everything is so crammed together i'm not very good with computers. Also any help with logging in would be appreciated. It wont let me. Tells me my password is incorrect when I try to reset it it never sends it to my email address.
Thank You,
Heather