Concept of credit card: In order to standardize the management of credit card business and improve work efficiency, this business guide is formulated according to the relevant provisions of the Law of the People's Republic of China on the People's Bank of China, the Measures for the Implementation of Administrative Licensing of the People's Bank of China, the Notice of the General Office of the People's Bank of China on Issuing the Catalogue of Administrative Licensing Items and the Measures for the Administration of Bank Credit Registration Consultation (Trial).

Business type and processing flow

According to the relevant provisions of the Measures for the Administration of Bank Credit Registration and Consultation (Trial), all legal person enterprises, unincorporated enterprises, institutions, other economic organizations and natural persons (hereinafter referred to as borrowers) registered in Guangzhou should apply for loan cards in financial institutions to engage in credit business such as loans, discounts, bank acceptance bills, letters of credit, letters of guarantee, guarantees and credit extension. The loan card is the qualification certificate for the borrower to apply for credit business from various financial institutions. Borrowers can apply for a loan card. The credit card code is unique and universal in the country. When the borrower receives the loan card, he should also set the password of the loan card. The basic database of enterprise credit information takes the loan card as the carrier and uses modern communication and computer network technology to reflect the borrower's credit status in the bank in real time.

More detailed information about the loan card can be found in the link I gave you.