Nico Likes to Go Shopping

Multiple Choice

Nico likes to go shopping.Every time he goes to a new store,he fills out an application for a store credit card so that he can get a 20 percent discount on his purchases that day.Yesterday,when he was trying to buy a new car,the dealer turned down his credit request.Nico can't understand why,because he thought he had good credit.If you looked at his credit report,what is the most likely reason he was denied credit?

A) Nine years ago,a lender referred his debt to a collection agency.
B) He has only worked for his current employer for nine months.
C) He has too many recent inquiries on his credit report.
D) There is not enough information available to answer this question.