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A photography payment plan is an agreement between a professional photographer and a client for the use of the photographer's images and services. While some photographers prefer full upfront payments, offering payment plans can make costly services more affordable for clients. These plans may also generate interest, benefiting both parties. A comprehensive payment plan agreement should include the names of the involved parties, a description of services, total balance due, repayment plan details (down payment, interest rate, start date, repayment period), payment instructions, late payment penalties, signatures, and any additional applicable terms. Visit eForms.com for a wide range of online legal documents.