LSAT 131 | Section 2 | Logical Reasoning: Q24

LR Question 24 Explanation

QUESTION TEXT: Market analyst: According to my research, 59 percent of

QUESTION TYPE: Complete the Argument

CONCLUSION: Interest rates probably aren’t the main selling points of credit cards.

REASONING: The majority of customers intend to pay off credit cards in full, without ever paying interest. And credit card companies market those features that customers are most interested in.

ANALYSIS: If consumers plan to never incur credit card interest charges, then they won’t care much about interest rates. So based on the logic of the stimulus, it’s unlikely that credit card companies will feature their interest rates.

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1. This isn’t supported! Different credit cards might have different features that customers care about.
2. CORRECT. This is supported. If 59% of customers expect never to pay interest, then it makes sense that credit card companies wouldn’t focus on it.
3. We have no info on what kind of interest-bearing debt customers prefer. We’re only told that customers intend not to need to pay credit card interest.
4. This is a trap answer. Customers don’t plan to pay interest, which means they won’t care about the rate. But, customers might care deeply about how long they have to pay. If a company gives you 20 days to pay, then it’s a lot easier to avoid interest compared to a situation where a company requires you to pay immediately.
5. We’re not told what features of credit cards customers are most interested in.