In addition, only when applying for a credit card or loan will financial institutions check personal credit information, so the overdue credit card will have an impact on the application for credit business.
Legal basis: Article 242nd of the Civil Procedure Law of People's Republic of China (PRC), and the court has the right to take compulsory measures.
If the person subjected to execution fails to perform the obligations specified in the legal documents according to the notice of execution, the people's court has the right to inquire about the deposits, bonds, stocks, fund shares and other property of the person subjected to execution from the relevant units. The people's court has the right to seal up, freeze, transfer or change the property of the person subjected to execution according to different circumstances. The property inquired, sealed up, frozen, transferred or changed in price by the people's court shall not exceed the scope of obligations that the person subjected to execution shall perform. When the people's court decides to seal up, freeze, transfer or change the price of property, it shall make a ruling and issue a notice of assistance in execution, which the relevant units must handle.