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A photography payment plan is an agreement between a professional photographer and a client for the use of images or services. While some photographers prefer full upfront payment, offering payment plans can make expensive services more accessible for customers and potentially provide photographers with interest income. Key elements to include in a payment plan contract are the names of both parties, a description of services, total balance due, repayment plan detailing down payment, interest rate, start date for interest, repayment period, payment instructions, late payment terms, signatures, and any other relevant conditions. For legal document templates, visit eforms.com.