HT5622 Why can I not purchase anything from I-Tunes

I am having problems purchasing anything from I tunes.  I KNOW I have the correct ID and password. However, I tunes will not let me purchase anything.  I log into I tunes and it will show my user ID as logged in, but won't let purchase anything when I try to do so.  I tunes prompts me to verify my billing information, but first I have to re-enter my password.  This is an endless loop. I will enter the correct PW and Apple ID and it will not say the password is wrong, just says verify billing information, and to re-enter the password again.  Any ideas Why? Thanks in advance

You need to do what it says to do and contact itunes support:
http://www.apple.com/support/itunes/contact/

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