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A photography payment plan is an agreement between a photographer and a client for the use of the photographer's images or services. While some photographers prefer upfront payment, offering payment plans can make expensive services more accessible to clients and allow photographers to collect interest. The payment plan agreement should include essential elements such as the names of the parties, a description of services, total balance due, details of the repayment plan (including down payment, interest rate, start date, and repayment period), payment instructions, late payment policies, and signatures. For additional legal documents, visit eforms.com.