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A photography payment plan is an agreement between a professional photographer and a client for using the photographer's images or services. While some photographers prefer full upfront payment, offering payment plans can make expensive services more accessible for customers. Payment plans can also generate interest, benefiting photographers. Key elements to include in a payment plan contract are: names of the parties, description of services, total balance due, repayment plan (including down payment, interest rate, and start date), repayment period, payment instructions, late payment stipulations, and signatures, along with any other relevant terms. For legal document templates, visit eForms.com.