Q&A: Paying credit cards over time vs. lump payment?

Question by msyak2000: Paying credit cards over time vs. lump payment?
Here's the situation: I am on an aggressive savings plan and have set aside an extra $ 400/month to pay off my debt (around $ 8000 total).

Is it better to wait until I have enough money saved to payoff all balances completely (while still making minimum or better payments) or add the $ 400 to my existing payments?

I've tried a few of those debt payment calculators, but I have different interest rates and the

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