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A photography payment plan is an agreement between a professional photographer and a client utilizing the photographer's images or services. While some photographers prefer full upfront payment, offering payment plans can make costly services more accessible for clients. Payment plans may also incur interest, allowing photographers to benefit financially. Essential elements to include in the payment plan contract are: names of the parties involved, a description of services, total balance due, repayment details (including down payment, interest rate, and start date of interest), repayment period, payment instructions, stipulations for late payments, signatures, and any other relevant terms. For more information, visit eForms.