HT1498 mu apple tv keeps asking me to update my billing info

my apple tv keeps asking me to update my billing info when i try to rent a movie

Hi there.
I would recommend following the steps in the article below to verify that all of the billing information associated to your AppleID is correct.
iTunes Store: Changing account information
http://support.apple.com/kb/ht1918
-Griff W.

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