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A photography payment plan is an agreement between a professional photographer and a client using the photographer's images or services. While some photographers prefer full payment upfront, offering payment plans can make costly services more affordable for clients. This arrangement may also allow photographers to earn interest on the amounts owed. A payment plan contract should include the names of both parties, a description of services, total balance due, repayment plan details (including down payment, interest rate, and repayment period), payment instructions, late payment stipulations, signatures, and any additional relevant terms. For more details, visit eforms.com.