Will debt consolidation stop collection calls?

Yes, debt consolidation can potentially stop collection calls. When you opt for debt consolidation services, a single monthly payment is made to a consolidation company who then distributes it to your creditors. This means that you no longer have to deal directly with multiple creditors, reducing the chances of receiving collection calls. However, it is important to note that debt consolidation does not guarantee an immediate halt to collection calls. It may take some time for the negotiation and settlement process with creditors to take effect. In the meantime, it is advisable to inform creditors about your participation in a debt consolidation program to minimize contact. Ultimately, the goal of debt consolidation is to help you regain control of your finances and reduce collection calls over time.