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A photography payment plan is established between a professional photographer and a client who utilizes the photographer's images or services. While some photographers prefer full payment upfront, offering payment plans for expensive services can make them more accessible to customers. Payment plans may include interest, benefiting both the customer (by spreading out costs) and the photographer (by earning interest). The payment plan contract should include names, services, total balance, repayment plan details (e.g. down payment, interest rate, start date), payment instructions, late payment terms, and signatures. For more legal document templates, visit eforms.com, the largest online legal document database.