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A payment plan agreement is a useful tool for professional photographers and clients who utilize photography services or images. While some photographers prefer full payment upfront, offering payment plans can make services more affordable for clients. However, payment plans may also incur interest, benefiting photographers. Key elements to include in a payment plan contract are names of parties, service description, total balance, repayment plan (including down payment, interest rate, start date, and payment instructions), late payment stipulations, and signatures. For more legal documents, visit e-forms cal.
