PrepTest 131

Incorrect. Even if consumers expect to repay their cards each month, the other services could drive them to care about which card they use.

Correct. Argument or Facts:
Facts

Question Type:
Argument Completion

Stimulus Summary:
MA: 59% of people think they'll pay off their credit card each month. And credit card companies focus on services their customers want to attract new ones. So __________.

Answer Anticipation:
If most people think that they'll pay off their credit card each month, then any services that are related to interest rates or deferred payments wouldn't interest them much. Since the credit card companies focus on services their customers want, it seems unlikely that, to win over new customers, they'd focus on these services. The correct answer should connect these two ideas to highlight that the credit card companies won't focus on services related to late payments.

Answer Explanation:
This answer combines the viewpoint of the credit card users and the noted focus of credit card companies. If they only focus on services people think they'll use, and most people don't think they'll need to pay interest because they'll pay their cards off, then the companies are unlikely to make those interest rates a focus of their ads.

Key Takeaway:
Argument Completion questions will almost always pull all the information from the stimulus together in reaching the missing conclusion. Be sure that you're thinking through how the answers reflect all of the provided premises and don't pick an answer that is only partial in scope.

Incorrect. Most consumers don't think they'll pay interest rates because they'll pay their cards off each month, so this answer is out of scope of the argument.

Incorrect. Most consumers expect to pay their card off before that time, so they're probably interested in when it is. Even if that's not something we can infer from the stimulus, this answer still doesn't connect to the second statement about the focus of credit card companies trying to attract new users, so it doesn't reflect the full scope of the stimulus.

Incorrect. While the stimulus supports the conclusion that credit card companies are unlikely to focus on interest rates when competing with other companies, that doesn't support that they would focus on another specific service/benefit they offer, especially since the stimulus doesn't establish that credit card users care about the number of places a card is accepted.