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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 full upfront payments, offering payment plans can make expensive services more affordable for clients. These plans may also include interest, benefiting both parties—clients avoid large lump sums, and photographers earn interest. The contract should outline key details, including the names of the parties, a description of services, total balance due, repayment structure (down payment, interest rate, start date), payment instructions, late payment terms, signatures, and any other relevant terms. For legal documents, visit eForms.