Having a credit card has little to do with credit loans. If your credit card has a record of overdue repayment, it is not good for handling credit cards.

Conditions for personal small loans of banks:

1. China citizens with full civil capacity who have a fixed residence in China, or a fixed residence (or valid residence certificate) in a local town, or a fixed business place;

2. Have a legitimate occupation and stable economic income, and have the ability to repay the principal and interest of the loan on schedule;

3. There is no bad credit record, and the purpose of the loan cannot be used for house purchase, stock trading, gambling and other behaviors;

As long as you meet the application conditions of personal microfinance and provide ID card, proof of stable address and proof of stable income source, you can handle microfinance business.