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A photography payment plan is an agreement between a professional photographer and a client for the use of images or services. It allows photographers to offer more affordable payment options, which can attract clients who may not afford the full amount upfront. While clients benefit from manageable payments, photographers may also earn interest on the payments. Key elements to include in the payment plan contract are: names of the parties, description of services, total balance due, repayment plan details (including down payment, interest rate, and repayment start date), payment instructions, late payment terms, signatures, and any additional relevant terms. For legal document templates, visit eforms.com.
