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A photography payment plan is established between a professional photographer and a client utilizing the photographer's images or services. While some photographers prefer full upfront payments, offering payment plans can make expensive services more accessible to clients and may allow photographers to collect interest. The payment plan contract should include essential details such as the names of both parties, a description of services, total balance, repayment terms (including down payment, interest rate, and start date), payment instructions, late payment conditions, signatures, and any other relevant terms. For more templates, visit eforms.com.