Legal analysis: Yes. Borrowers who have credit business (loans, guarantees, bank acceptance bills, letters of credit, guarantees, etc.) with financial institutions. ) you must apply to the local people's bank for a loan card. The loan card is held by the borrower and used nationwide.

Legal basis: Article 667 of the Civil Law of People's Republic of China (PRC) is a loan contract in which the borrower borrows money from the lender, repays the loan at maturity and pays interest.