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A photography payment plan is an agreement between a professional photographer and a client for the use of the photographer's images or services. While some photographers prefer upfront payment, offering payment plans can make expensive services more accessible to clients. These plans may also incur interest, allowing photographers to benefit financially. Key elements to include in the payment plan contract are the names of the parties, a description of the services, total balance due, repayment plan details (including down payment, interest rate, and start date), payment instructions, late payment terms, signatures, and any other relevant conditions. For legal document templates, visit eForms.