No that is made up nonsense. It's mind boggling to me how many Americans truly believe in this.
They have attempted many times to create a credit score system like the US but have failed to centralize anything like the US has. The US credit score system is also much more pervasive and can sometimes determine whether or not you're allowed to buy a house.
Separately there was an attempt to build a "social credit" system that is only applied to political and business leaders. Basically anyone who holds some sort of power in society. It's not a way to control regular people. This also failed to ever come to anything that's truly nationalized.
