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A payment plan agreement is beneficial for photographers offering costly services as it can make services more affordable for customers. The agreement should include names of parties, services description, total balance due, repayment plan details (down payment, interest rate, start date), payment instructions, late payment stipulations, signatures, and other terms. Payment plans can help both customers and photographers, with customers avoiding a large lump sum payment and photographers potentially collecting interest. Visit eforms.com for legal document templates.
