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A photography payment plan is an agreement between a professional photographer and a client for using the photographer's images or services. While some photographers prefer to receive full payment upfront, offering payment plans can make expensive services more accessible to clients. These plans can also generate interest, benefiting the photographer financially. A well-structured payment plan contract should include the names of both parties, a description of the services, total balance due, repayment details (including down payment, interest rate, and repayment start date), payment instructions, late payment terms, signatures, and any additional relevant provisions. For legal document templates, visit eforms.com.