Yes.

The People's Bank of China will enter relevant information into the basic financial credit database, and record violations of laws and regulations in personal credit reports, which will affect the loans and credit cards of relevant personnel within a certain period of time.

Credit cards, also called credit cards, are credit certificates issued by commercial banks or credit card companies to consumers with qualified credit. It takes the form of a card with the name of the issuing bank, validity period, number, cardholder name and other contents printed on the front, and a magnetic stripe and signature strip on the back.