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A photography payment plan is created between a professional photographer and a client using the photographer's images or services. While some photographers prefer collecting full payment upfront, offering payment plans for costly services can make them more affordable. These plans may include interest, benefiting both parties. The payment plan contract should include names, service description, total balance, repayment plan details, interest rate, payment instructions, late payment terms, and signatures. E-Forms Cal provides a vast database of online legal documents.