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A photography payment plan is an agreement between a photographer and a client for the use of images or services offered. While some photographers prefer full upfront payments, payment plans can make expensive services more accessible to clients. They can also generate interest for photographers, benefiting both parties. A payment plan contract should include 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 terms, signatures, and other relevant conditions. For further legal documents, visit eForms.