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A photography payment plan is an agreement between a professional photographer and a client using the photographer's images or services. While some photographers prefer full upfront payment, offering payment plans can make expensive services more accessible to clients. These plans may involve interest, benefiting both parties—clients avoid a large lump sum, and photographers can earn interest. A payment plan contract should include key elements such as the names of the parties, a description of the services, the total balance due, repayment terms (including down payment, interest rate, and start date), payment instructions, late payment terms, signatures, and any additional terms. For more information, visit eforms.com.
